Why Kratos Defense Stock Dropped Today
Source: Motley Fool
2026-03-19 13:15:26 ET
Kratos Defense & Security (NASDAQ: KTOS) stock slid 5% through 11:35 a.m. ET Thursday, not on any news from Kratos, but perhaps in reaction to an earnings report from Red Cat Holdings (NASDAQ: RCAT) last night.
Analysts forecast Red Cat to lose money in Q4, but not quite as much as it ultimately lost ($0.17 per share, versus $0.14 forecast).
Image source: Getty Images.
Kratos Defense & Security Solutions Inc.
NASDAQ: KTOS
KTOS Trading
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