Mysterious Crash Of Plane Carrying Wagner Leader Sparks Assassination Speculation
Portfolio Pulse from Piero Cingari
The plane crash involving Yevgeny Prigozhin, the leader of the Wagner paramilitary group, has sparked speculation of an assassination plot. Initial investigations suggest that an explosion, potentially caused by a bomb or deliberate sabotage, led to the crash. The incident has led to a flurry of discussions on social media channels associated with Prigozhin’s Wagner group. Following the news, stocks in the U.S. defense and aerospace industry, as tracked by the iShares U.S. Aerospace & Defense ETF (NYSE:ITA), fell 1.7% on Thursday.
August 24, 2023 | 7:56 pm
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The iShares U.S. Aerospace & Defense ETF (NYSE:ITA) fell 1.7% following the news of the plane crash involving the leader of the Wagner paramilitary group.
The news of the plane crash, which is speculated to be an assassination plot, has created uncertainty and concern in the defense and aerospace industry. This has led to a negative impact on the stocks in this sector, including the iShares U.S. Aerospace & Defense ETF (NYSE:ITA), which fell 1.7% on Thursday.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100