Northrop Grumman Corporation’s NOC shares lost 5.5% after President Trump said defense companies cannot pay dividends or buy back stock until production problems are resolved.
Shares of Alphabet Inc. GOOGL rose 2.5% as investors favored communication services stocks amid broader market uncertainty and optimism around its AI-driven growth prospects.
Seagate Technology Holdings plc’s STX shares plunged 6.7% on storage stocks paring some of the massive gains from the previous day.
Shares of Exxon Mobil Corporation XOM fell 2.1% on oil prices sliding for the second straight session.
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Northrop Grumman Corporation (NOC) : Free Stock Analysis Report
Exxon Mobil Corporation (XOM) : Free Stock Analysis Report
Seagate Technology Holdings PLC (STX) : Free Stock Analysis Report
Alphabet Inc. (GOOGL) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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