Rheinmetall Shares Slide 13% After Second Guidance Cut
Rheinmetall shares fell 13% on Thursday, the largest decline in the STOXX 600, after the German defence group cut its outlook for a second time in three months.
By Maria RugamerRheinmetall XETR:RHM shares fell 13% on Thursday, the biggest decline in the STOXX 600, after the German defence group cut its outlook for a second time in three months, fuelling concerns about its ability to deliver on growth targets tied to Europe's rearmament drive.The company cu…