BUZZ-Huntington Ingalls rises after Trump unveils 'Trump-class' battleships

Reuters
2025.12.23 10:46
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Huntington Ingalls' shares rose 4.4% to $368.99 premarket after President Trump announced plans for a new "Trump class" of battleships, initiating an expanded naval buildup. The program will start with two vessels and could grow to 20-25 ships. HII shares have increased 87% YTD after a 27% slump in 2024.