Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Did Kratos Defense Stock Drop on Wednesday?

TheMotleyFool

0 0

Why Did Kratos Defense Stock Drop on Wednesday?Photo, wide shot, wide-angle lens, Heavy machinery, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/c15253b0-7330-4605-a666-66954eaf6715.png

Kratos Defense Security (NASDAQ: KTOS) stock tumbled 5% through 12:12 p.m. ET Wednesday, and here's the weird thing:

About the only news about Kratos today is good: this morning, KeyBanc analyst Michael Leshock raised his price target on the stock by nearly 50%, to $130 per share.

Image source: Getty Images.

Source Fool.com

Like: 0

KTOS

Share