Antenna Maker Smag Sinks in Debut as Defense Stock Appetite Ebbs

防务股热度退潮 天线制造商Smag上市首日重挫

By Fabrice Obrist and Charles Capel

作者：法布里斯·奥布里斯特(Fabrice Obrist)、查尔斯·卡佩尔(Charles Capel)

July 13, 2026 at 4:29 PM GMT+8

2026年7月13日 16:29（GMT+8）

Smag Mobile Antenna Masts AG shares tumbled as much as 33% below the initial public offering price in their German trading debut, marking the latest sign of waning demand for defense stocks in Europe.

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