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Why York Space Systems Stock Just Crashed

TheMotleyFool

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Why York Space Systems Stock Just Crashed: https://g.foolcdn.com/editorial/images/870568/boy-in-a-lab-coat-is-crying-next-to-a-crashed-rocket.jpg

York Space Systems (NYSE: YSS) stock crashed to Earth Friday, falling 18% through 1:15 p.m ET after missing on its Q1 earnings report last night.

Heading into the report, analysts polled by Yahoo! Finance already weren't optimistic, forecasting York to lose $0.11 per share for the quarter. But York reported a $0.68-per-share loss on sales of $116.3 million.

Image source: Getty Images.

Source Fool.com

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