Story thread · 2 reports / 2 sources

Risk of Midterm ‘Blue Wave’ Leaves Defense Stocks Out of Favor

bloomberg.com · 7h · first reportShare

After two years of breakneck gains, shares of military contractors have hit a wall this year. Traders are expecting the pain to deepen further as they position for protracted negotiations and funding delays should Democrats take control of one or both houses of Congress following the midterm elections.