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European defense stocks sink as Trump sets another meeting with Putin (RNMBF:OTCMKTS)

Oct. 17, 2025 7:40 AM ETRheinmetall AG (RNMBF) Stock, RNMBY Stock, BAESF Stock, BAESY StockFINMF, BCKIF, DUAVF, FINMY, ISMAF, ISMAY, NSKFF, THLEF, THLLY, SAABY, HAGHY, HNSDF, KBGGY, RNKGFBy: Carl Surran, SA News Editor
Military Operation at sunrise

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European defense stocks tumbled Friday after President Trump and Russian counterpart Putin agreed to another summit meeting to discuss the war in Ukraine, possibly within the next two weeks in Budapest.

The sector had hit record highs during the week

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