🔴 L3Harris Technologies is trading 8.5% down today as Missile Solutions IPO is delayed to mid-2027

L3Harris Technologies is trading 8.5% down at $272.26 as investors react to the company's strong second-quarter earnings beat and raised 2026 guidance, alongside the unexpected delay of the Missile Solutions IPO. - The company reported 8% revenue growth and 28% EPS growth, highlighting a record $42 billion backlog. - The sharp pullback appears driven by investor concerns following the announcement that the planned Missile Solutions IPO has been postponed until mid-2027 due to unfavorable market conditions.