Insider Trading Insights: How Much Politicians Profit from RTX and Defense Stocks
Wednesday, 2 October 2024, 12:18
Exciting Returns from Insider Trading
Recent analysis highlights the thriving returns politicians have made from insider trading in defense stocks such as RTX, Lockheed Martin, and Northrop Grumman. Representative Kevin Hern and others have seen their investments yield remarkable profits, raising questions about the ethics of politician stock trading.
Key Politician Trades
- Kevin Hern's Lockheed Martin investment increased by 29.71%.
- Josh Gottheimer's Northrop Grumman shares rose by 24.19%.
- Senator Markwayne Mullin's RTX stock surged by 76.24%.
These substantial differences compared to the S&P 500's lower gains suggest a potential unfair advantage in markets heavily influenced by Congress.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.