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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。