1238 ET - The additional selloff General Dynamics has experienced probably reflects the negative reset for numbers implied in the 2025 guidance, together with the concern that it could take some time to see improvements in is Marine business, Vertical Research Partners analysts say in a research note. The aerospace and defense company is tied up in the uncertainty caused by the new US Administration, and that looks likely to persist in the short term, the analysts say. Still, with General Dynamics having gone through a number of broker downgrades over the last couple of months, the analysts think challenges in aerospace and marine had been widely expected heading into the 4Q results. Shares fall 3.2% to $254.29. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
January 29, 2025 12:38 ET (17:38 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。