Rheinmetall Plummets, Arcelormittal Jumps, Commerzbank Dips

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- German defense firm Rheinmetall AG cut its 2026 sales target for the second time, citing delays with the Boxer armored vehicle program that would push orders into next year, marking another setback for a company whose value has soared since Russia’s full-scale invasion of Ukraine.
- ArcelorMittal shares gain as much as 6.6%, the most since July, after the steel producer’s third-quarter Ebitda beat analyst estimates, supported by trade curbs on European imports. Citi analysts welcomed the guidance for double-digit increase in flat steel shipments in Europe.
- Commerzbank AG lowered its outlook for lending income this year amid increasing competition for client money, in one of the last quarters before the lender will be taken over by UniCredit SpA.

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