Why Kratos Defense Stock Keeps Going Down

Kratos Defense & Security (NASDAQ: KTOS) stock resumed falling Friday, dropping another 7% through 11:35 a.m. ET after announcing plans to sell at least $1.2 billion in new stock. The bad news started last night with Kratos warning it will sell $1 billion in stock, and potentially $1.15 billion if underwriters exercise overallotment options. By this morning, the offering had swelled in size: Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, cal ...