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NASDAQ:SAAB-B.ST 17 November 2025

Saab AB (SAAB-B.ST) Jumps on €3.1bn Gripen Colombia Deal as New Drone and Solar Partnerships Emerge – 17 November 2025

Saab AB (SAAB-B.ST) Jumps on €3.1bn Gripen Colombia Deal as New Drone and Solar Partnerships Emerge – 17 November 2025

Saab’s B-share jumped 5–6% to SEK 555 on Monday, nearing a 52-week high after the company announced a €3.1bn contract to supply 17 Gripen E/F fighter jets to Colombia. Year-to-date, the stock is up over 120%. Analysts flagged strong order momentum but warned the valuation looks stretched. Saab’s order backlog reached SEK 187bn at 2024 year-end, up from SEK 153bn a year earlier.
17 November 2025
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Stock Market Today

  • Pennington Partners Boosts Broad Market Bet with $5.4M Vanguard Russell 3000 ETF Purchase
    May 21, 2026, 4:29 PM EDT. Pennington Partners & Co. increased its holding in Vanguard Russell 3000 ETF (NASDAQ: VTHR) by 17,870 shares, valued at $5.4 million in Q1 2026. The stake now accounts for 6.3% of Pennington's $5.8 billion assets under management (AUM) and ranks fourth among its top holdings. VTHR tracks the Russell 3000 Index, offering diversified exposure to nearly the entire U.S. equity market across large, mid, and small-cap companies. With a 0.06% expense ratio and a 1.05% dividend yield, VTHR posted a 26% one-year return, slightly trailing the S&P 500. Pennington's increased investment signals confidence in the broad U.S. equity market, emphasizing diversification over sector-specific bets.

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