Business
Kratos Defense Rallies Above Key Level On Upgrade. Q2 Beat, Outlook ‘Comfort’ Analyst.
Kratos Defense rocketed higher Wednesday as the defense contractor and drone maker won an upgrade after clearing Q2 views. KTOS stock, a significant holding among ARK Invest’s ETFs, jumped back above its 50-day moving average. Kratos Defense (KTOS) reported a 91% increase in earnings to 21 cents per share adjusted, beating expectations for 14 cents per share. Revenue jumped 30.5%…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
You must be logged in to post a comment Login