Rheinmetall Plummets, Maersk Slumps, Diageo Rises

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.
- Shares in Maersk slumped after a guidance upgrade and third-quarter earnings from the world’s second-largest shipping line fell short of analyst estimates.
- Diageo shares rise as much as 5.2%, hitting the highest level since September 2025, after the spirits maker’s first-quarter update showed what analysts said was a stronger-than-expected start to the year.

See omnystudio.com/listener for privacy information.