Rheinmetall Loses Bull in JPMorgan After Slew of Results Misses

Rheinmetall AG’s position as the standout European defense stock is looking increasingly vulnerable after a series of disappointing results led a long-time bull to downgrade the shares.

By Isolde MacDonogh · Bloomberg Markets

Rheinmetall AG’s position as the standout European defense stock is looking increasingly vulnerable after a series of disappointing results led a long-time bull to downgrade the shares.