On this episode of Stock Movers:
- Shares in Europe’s defense companies including Rheinmetall are falling Monday amid ongoing Ukraine peace talk meetings and after President Volodymyr Zelenskiy said he could accept security guarantees from the US and Europe instead of NATO membership.
- Stellantis is among some of Europe’s embattled automakers set to get a breather as they struggle with the transition to emission-free driving, a critical moment that will shape the future of the continent’s transport sector.
- Argenx shares fell as much as 9.7%, the most in more than seven months, after the biotechnology company said its late-stage studies evaluating efgartigimod in adults with moderate to severe thyroid eye disease will be discontinued.