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Rheinmetall

$RHM (-0,23 %)

The German manufacturer of Leopard 2 tanks and ammunition that Europe is sending to Ukraine hit €909 on Xetra on October 8—its lowest level since June—and closed at €1,090.20 on Friday, October 16: up 19.9% over six trading sessions, with a 6.26% gain on the last day and nearly double the usual trading volume. That same Friday, the company launched a new ammunition production line in Albacete: a €20 million investment and a workforce that will grow from about 210 to 300 employees. Even so, the stock remains 44.5% below its high for the year. We explain what has changed, what hasn’t, and why November 5 is the date that will decide it all.


https://forobolsa.es/noticias/191-rheinmetall-rozo-los-900-y-rebota-un-20-en-seis-sesiones

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3 Commentaires

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Thanks for sharing the information. Do you have any open positions at $RHM? ❓
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@MikeUpegui 10 shares at €1,000 each
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@market_sorcerer_3945 My position on $RHM is very close to yours --> €1,002.20. One question: Are you holding this position for the long term, or do you plan to take profits at some point?
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