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Why Kratos Defense Stock Dropped Today

TheMotleyFool

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Why Kratos Defense Stock Dropped Today: https://g.foolcdn.com/editorial/images/875254/kratos-xq-58a-valkyrie-drone-is-kratos.jpg

Kratos Defense Security (NASDAQ: KTOS) stock fell 4.4% through 11:55 a.m. ET Thursday -- and it's no mystery why.

President Trump announced yesterday that the U.S. and Iran have signed an "interim agreement" to end their conflict. While it's hard to answer the age-old question "war, huh, what is it good for?" investors today seem to think ending the Iran war is bad news for Kratos stock.

Image source: Kratos Defense Security.

Source Fool.com

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