Shipbuilding Stock Extends Record Highs on Trump Updates
Shipbuilding stock Huntington Ingalls Industries Inc (NYSE:HII) hit a fresh record high of 353.77 and looking to eke its fourth consecutive win. The shares enjoyed a boost after Bloomberg reported President Donald Trump plans to meet with several defense firms next week to urge them to spend more on weapons, research, and development, rather than stock buybacks and dividends. Huntington Ingalls Industries stock had already tacked on 5% yeste ...