Nothing to do with the military, but still.
This is confusing the living daylights out of me...
Northrup Grumman announced today/yesterday that it was awarded 2 huge military contracts with the U.S. and one with England, that it recieved a $36 million State Department contract, and that it's profits are up, but it's stocks have done nothing but take a nose dive since then. On the other hand, Boeing announces that it's profits have dropped 38%, they are having a labor strike, and one of it's major deliveries is going to be delayed and it's stocks have done nothing but rise. Sprint was named a leader in the industry by an independant research study, has cut termination fees, and launced their new cutting-edge network, but their stocks are taking a dive too. The stock market is not acting the way it is supposed to, and I am confounded.




