Antenna Maker Smag Sinks in Debut as Defense Stock Appetite Ebbs

🇩🇪 Bloomberg (DE) —

AI Summary

Smag Mobile Antenna Masts AG shares dropped as much as 33% below their IPO price in Germany, reflecting declining investor interest in European defense stocks.

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.

Security Markets Deals AI & Tech IPO defense stocks Germany investor sentiment technology stock market public offering

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