IWG Falls, Rheinmetall Down, Glencore Rises

On this episode of Stock Movers:
- IWG shares dropped as much as 15%, the most in three years, after its results. It forecast Ebitda for the full year of low end of $525 million to $565 million and saw $525 million to $565 million.
- Rheinmetall fell by as much as 2.6%. The defence firm is looking at whether it can produce air defense systems in the Netherlands, according to Dutch news outlets BNR and Het Financieele Dagblad.
- Glencore shares were up as much as 1.7% after the miner filed applications to have two copper projects with combined capital expenditure estimated at more than $13 billion included into Argentina’s investment incentive program.

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