NASDAQ:KTOS

Kratos Shares Flat Around $55 as Cash Burn Looms Over Drone Defense Push

Kratos Shares Flat Around $55 as Cash Burn Looms Over Drone Defense Push

Kratos Defense & Security Solutions traded at $54.72 in premarket Friday after closing at $54.67 Thursday. The stock steadied near $55 as investors weighed strong defense growth against high spending and working-capital needs. U.S. equity markets will close Monday for Memorial Day. Kratos reported Q1 revenue up 22.6% to $371 million and raised its 2026 forecast.
May 22, 2026

Stock Market Today

  • ASX 200 Rises on Miners and Banks but 8,800 Resistance Holds
    May 29, 2026, 8:37 PM EDT. The ASX 200 index ended the week higher, supported by strong gains in miners and banks alongside declining Australian bond yields. Key contributors included BHP (+2.91%), Newmont (NEM, +3.77%), Fortescue Metals (FMG, +2.43%), Rio Tinto (RIO, +2.43%), Commonwealth Bank (CBA, +2.24%), and Goodman Group (GMG, +2.92%). Miners and gold producers were the main drivers, aided by firmer copper prices and stronger bullion. However, the energy sector lagged as crude oil prices softened, and healthcare stocks like CSL and ResMed (RMD) declined. Market participants remain cautious as the index needs a weekly close above 8,800 points to confirm a sustained recovery.