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Rheinmetall’s stock price is expected to continue its upward trend due to increased demand for defense-related products and a planned 200 billion euro special fund for the modernization of the German military.

Rheinmetall AG’s stock has skyrocketed six-fold since 2022, driven by a $271 million military contract and a strong order book, with experts predicting continued growth in the defense sector.

Rheinmetall’s stock price has surged by over 13% as investors bet on the company’s growth potential in the defense sector, driven by escalating geopolitical tensions and a major aid package for Ukraine.

Rheinmetall’s stock price has fluctuated in response to the ongoing Ukraine conflict and diplomatic efforts, with a decline initially followed by a rebound as a potential resolution emerged.