Rheinmetall Up, Legrand Soars, Raiffeisen Rises

On this episode of Stock Movers:
- Rheinmetall rose along with other European defense companies as drone sightings, such as those around Munich airport, suggested an expansion of tensions towards western Europe.
- Legrand shares hit a record high, after the French electrical devices maker acquired Avtron Power Solutions for an enterprise value of $1.1 billion.
- Raiffeisen was up on reports the EU would lift sanctions on assets linked to Russian oligarch Oleg Deripaska to compensate the bank for damages it had to pay in Russia.

See omnystudio.com/listener for privacy information.