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Kratos Defense & Security Solutions Stock Drops 9% as Wall Street Rout Pulls Shares Back Toward $84 Deal Price
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Kratos Defense & Security Solutions Stock Drops 9% as Wall Street Rout Pulls Shares Back Toward $84 Deal Price
Kratos Defense shares closed at $84.62 Friday, down 8.79%, after hitting a low of $83.10. The drop brings the stock near the $84 price from its February equity sale. Broader markets fell as the U.S.-Israeli conflict with Iran rattled investors. Kratos has not announced new contracts since a March 13 update on its Valkyrie program. The post Kratos Defense & Security Solutions Stock Drops 9% as Wall Street Rout Pulls Shares Back Toward $84 Deal Pr…
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