🟢 Airbus is trading 6% up today as management maintains full-year targets despite profit slump

AIR.PA is trading at €175.96 (+5.95%) as management maintains full-year targets despite a 52% plunge in quarterly operating profit.

• Adjusted operating profit fell to €300 million, one of the company's weakest quarters, but results surpassed even more pessimistic investor expectations.
• Management's refusal to cut full-year delivery and financial targets provided significant reassurance to the market, sparking a relief rally.
• The stock's performance bucks broader U.S. market caution ahead of the Fed decision and big tech earnings, highlighting company-specific strength. [Hero News ID: 69f2058912042aaa350c6cf8]