Why Kratos Defense Stock Is Surging Wednesday Following Q2 Double Beat and Guidance Raise
Kratos Defense & Security Solutions is surging Wednesday as traders digest a double beat and raised guidance from Tuesday’s quarterly update.
Kratos Defense did better than expected in its recent quarter and promised better results ahead, so investors are excited about the stock right now. When a company beats expectations and raises its outlook, it usually means the business is doing well—that's worth noticing when you watch this stock.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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