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Mon, Jul 13 • Nairobi

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Finance

Antenna Maker Smag Sinks in Debut as Defense Stock Appetite Ebbs

▶ Bloomberg Markets Jul 13, 2026 2h ago 👁 2 views

Antenna Maker Smag Sinks in Debut as Defense Stock Appetite Ebbs

📋 Article Summary

66 words

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. 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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