Geopolitics Alpha

Jordon Steele-John’s position remains in limbo as Greens prepare for moment in spotlight

Published . Updated .

DEFENSEJordon Steele-John’s positionremains in limbo as Greens preparefor moment in spotlightGEOPOLITICS ALPHA

David Shoebridge’s newly-minted leadership under pressure over handling of misconduct allegations as Senate estimates looms More than a week after allegations that Greens senator Jordon Steele-John had behaved inappropriately towards women made headlines, his position in the party remains in limbo and its new leader’s handling of the issue in question. David Shoebridge ’s first major challenge at the helm of the federal Greens came earlier this month when the Nine newspapers reported a three-page letter had been sent to him urging an independent investigation into Steele-John. Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin+4.2%

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman+2.8%

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics-3.4%

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense-5.8%

    A fund of aerospace and defense companies

  • BA Boeing-6.2%

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris-0.6%

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT-6.43%-7.02%baseafter closeafter closeafter closeafter close
RTX-0.33%-0.66%baseafter closeafter closeafter closeafter close
NOC-5.86%-3.30%baseafter closeafter closeafter closeafter close
GD-1.89%-1.84%baseafter closeafter closeafter closeafter close
ITA+2.30%+0.79%baseafter closeafter closeafter closeafter close
BA+1.35%+1.49%baseafter closeafter closeafter closeafter close
LHX-2.26%-2.14%baseafter closeafter closeafter closeafter close
HII-2.62%-2.41%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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David Shoebridge’s newly-minted leadership under pressure over handling of misconduct allegations as Senate estimates looms More than a week after allegations that Greens senator Jordon Steele-John had behaved inappropriately towards women…

Source: The Guardian

Defense

CompanyWhenMoveStatus
BAthree days earlier+1.49%final price
BAfive days earlier+1.35%final price
GDthree days earlier-1.84%final price
GDfive days earlier-1.89%final price
HIIthree days earlier-2.41%final price
HIIfive days earlier-2.62%final price
ITAthree days earlier+0.79%final price
ITAfive days earlier+2.30%final price
LHXthree days earlier-2.14%final price
LHXfive days earlier-2.26%final price
LMTthree days earlier-7.02%final price
LMTfive days earlier-6.43%final price
NOCthree days earlier-3.30%final price
NOCfive days earlier-5.86%final price
RTXthree days earlier-0.66%final price
RTXfive days earlier-0.33%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the defense case looks

12 out of 100

“Jordon Steele-John’s position remains in limbo as Greens prepare for moment in spotlight” scores 12 out of 100. The score uses 1 sources.