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Strength Seen in Kratos (KTOS): Can Its 13.8% Jump Turn into More Strength?
ZACKS· 2026-01-09 13:01
Kratos (KTOS) shares ended the last trading session 13.8% higher at $104.04. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 18.9% gain over the past four weeks.Recently, U.S. President Donald Trump proposed increasing military spending to $1.5 trillion for 2027, compared with the $901 billion defense budget approved for 2026, subject to authorization. The proposal strengthened expectations of sustained defense spe ...