EUAD is trading at $44.00, up 11.28% pre-market; UK defense-spending plans are the clearest sector catalyst.
- The UK reaffirmed a goal to raise defense spending to 3% of GDP by 2030, alongside Ukraine support and defense-industrial investment.
- European rearmament and expected sector growth may support sentiment; coverage notes defense ties and new capability investment.
- US futures are modestly higher, but reporting does not link them to EUAD’s sharp move; sources reviewed do not confirm the unusually large pre-market gain.