Updated
Updated · MarketWatch · May 8BAE Systems shares slip 2.91% in weak market session
12 articles · Updated · MarketWatch · May 8
- The stock fell to £19.34 on Friday as the FTSE 100 dropped 0.43% to 10,233.07.
- BAE Systems ended 18.06% below its 52-week high of £23.60, reached on 18 March.
- Trading volume was 4.4 million shares, well below the stock's 50-day average of 7.8 million.
Why is BAE Systems considered undervalued despite its record backlog and a booming global defense market? With a record order backlog, can BAE overcome supply chain bottlenecks to meet surging global demand?