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General Dynamics reports strong earnings, beating forecasts, yet shares dip amid market fluctuations.
General Dynamics Corporation, an aerospace and defense firm, saw its shares fluctuate despite reporting better-than-expected earnings and revenue.
The company reported earnings of $3.66 per share, exceeding analyst forecasts.
Despite institutional investors increasing their stakes, General Dynamics' shares have declined this year.
The company has a market cap of $78.06 billion and recently announced a quarterly dividend of $1.50.
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General Dynamics reporta ganancias fuertes, superando las previsiones, sin embargo, las acciones caen en medio de las fluctuaciones del mercado.