Northrop Grumman stock whipsaws: NOC jumps premarket after Trump’s $1.5T budget pushNew York,
Northrop Grumman shares rose 7.4% to $619.50 in premarket trading Thursday, rebounding after a 5.5% drop following President Trump’s executive order halting dividends and buybacks at defense contractors until production improves. The order also threatens executive pay caps and directs the Pentagon to review underperformers. Investors await enforcement details and Northrop’s Jan. 27 results.