Why Kratos Defense & Security Solutions Is Soaring Today
Starting the first full week of trading on a positive note, shares of Kratos Defense and Security Solutions (NASDAQ: KTOS) raced higher this morning, outpacing the rise in the S 500. With the conflict in Iran continuing without an end in sight, and an analyst presenting a more auspicious outlook for Kratos Defense stock, investors have been motivated to click the buy button on the defense contractor's shares.
As of 1:05 p.m. ET, shares of Kratos Defense are up 7.8%, retreating slightly from an earlier 8.7% rise.
Image source: Getty Images.
Source Fool.com
