# Defense stocks plummet on reports Germany is scrapping warships; Rheinmetall stock down 18%

> **Open Intelligence Dossier** · First detected: 2026-06-24 19:07 UTC · Category: Business

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*Canonical Source: https://pulse.byoviral.com/trend/2026-06-24/defense-stocks-plummet-on-reports-germany-is-scrapping-warships-rheinmetall*