Saab stock drops after earnings beat and raised growth target as investors weigh what’s next
Shares of Saab AB dropped Thursday following the Swedish defence firm's boost to its medium-term sales growth forecast and a record-breaking fourth-quarter in order bookings. The stock was last down 3.1% at 629.5 crowns, having swung widely after the open, ranging from 621.5 to 681.2 crowns.
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