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Antenna Maker Smag Sinks in Debut

Antenna Maker Smag Sinks in Debut as Defense Stock Appetite Ebbs

Antenna Maker Smag Sinks in Debut

Smag Mobile Antenna Masts AG shares tumbled as much as 33% below the initial public offering price in their German trading debut, marking the latest sign of waning demand for defense stocks in Europe.

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Source: Bloomberg Tech · Opens in new tab