🔴 EUAD is trading 6.5% down today amid a broad selloff in European defense stocks

EUAD is trading at $41.33, down 6.5% in after-hours trading as major European aerospace and defense contractors face a sharp pullback.

• The move is tied to ongoing multiple compression across the sector following recent tariff and geopolitical developments.
• Market sentiment reflects a broader rotation out of defense-heavy positions and into more traditional industrials and value-oriented equities.