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Rheinmetall's stock value looks like it's down 6% in the last month, I doubt this news will do much to it. Her trade was probably related to Rheinmetall being o
by sorenjan 2y ago
Rheinmetall's stock value looks like it's down 6% in the last month, I doubt this news will do much to it. Her trade was probably related to Rheinmetall being one of the world's biggest weapons manufacturers and well positioned when Germany and other European countries are putting a lot of money into their military spending.
Rheinmetall's stock's development during the last five years closely matches that of Saab, another big European weapons manufacturer. You don't have to be a political insider to guess that the stock will increase in value.
- fsckboy 2y ago>You don't have to be a political insider to guess that the stock will increase in value. having non public information about a company that is also doing well publically is still an effective trading strategy. the value of a company like Rheinmetall is the sum of it's sources of profit.
- sorenjan 2y agoOf course, but that buy isn't necessarily an indication that she had insider knowledge about this deal. These kind of deals happens all the time, and this particular one hasn't moved the stock value enough to make insider trading worth it or even to make the accusation.