Kratos Defense & Security Solutions is trading 5.2% down today at $60.01 as investors lock in gains following a sharp defense-driven rally last week.
- The stock recently surged on reports of increased Pentagon spending momentum and news that ARK Invest established a new $16.96 million stake.
- With no fresh company-specific catalysts reported this morning, the decline appears to be a technical pullback, while broader market indices remain only slightly lower.