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Tag: Kratos
Why Kratos Defense & Security Stock Is Flying Higher Today
Defense tech and drone specialist Kratos Defense & Security Solutions (NASDAQ: KTOS) is popping up on more radars as the company’s business matures. On Monday, the stock shot up as much as 5.8%, and was up 3% as of 11 a.m. ET after JMP Securities initiated coverage of Kratos with an outperform rating. The long-term […]
Why Kratos Defense & Security Stock Rocketed Higher Today
Kratos Defense & Security (NASDAQ: KTOS) beat expectations in the quarter, predicted stronger-than-expected top-line growth for 2024, and announced a significant new government contract. Investors are soaking in the good news, sending Kratos shares up 17% at the open on Wednesday. Quarterly results were on target Kratos is a second-tier defense contractor with a significant […]