Mercury Systems Tumbles 25% But This Turnaround Is Just Getting Started
Source: SeekingAlpha
2026-02-04 15:02:23 ET
Mercury Systems, Inc. ( MRCY ), a provider of chips for the defense industry, tumbled 25 as net losses persisted despite beating analyst estimates. The stock price has advanced 36.5% since my last report in which I targeted 14% upside. So, absent of any major change in fundamentals, I do believe the stock price may have gotten ahead of itself, and that opens the door for profit taking....
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Mercury Systems Tumbles 25% But This Turnaround Is Just Getting Started
Mercury Systems Inc
NASDAQ: MRCY
MRCY Trading
0.52% G/L:
$87.25 Last:
122,355 Volume:
$86.48 Open:
MRCY Latest News
MRCY Stock Data
$5,112,646,500
53,232,979
0.05%
147
N/A
Aerospace & Defense
Industrials
US
ANDOVER
