Why Kratos Defense & Security Solutions Stock Is Soaring Today
Yahoo Finance ·
Closing slightly lower than its Friday close, Kratos Defense and Security Solutions ( KTOS +4.99% ) stock is flying higher today. In addition to a popular growth investor buying shares of the defense stock, investors are adding Kratos to their buy lists after learning that a U.S. ally is making a significant investment in drones to fortify its defenses. As of 1:04 p.m. ET, shares of Kratos Defense are up 5.5%, after earlier rising 9.6%. After the market closed yesterday, Ark Invest, led by Cathie Wood, reported that it had bought 138,735 Kratos shares in its Ark Innovation ETF .
DYAX Investor Sentiment
Bullish (Long) 68% · Bearish (Short) 32%
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