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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Kratos Defense and Security Solutions Inc | NASDAQ:KTOS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.20 | -0.92% | 21.50 | 21.44 | 21.57 | 21.675 | 21.17 | 21.64 | 939,682 | 00:34:55 |
NEW YORK, March 16, 2018 /PRNewswire/ -- Report entitled "Target Locked: Ready to Fire Management" outlines how Kratos faces 40%-70% downside risk as a result of unsupported hope its transition to a leader in unmanned systems (drones) will succeed in the face of management's repeated failures.
The research report can be found on our website at www.sprucepointcap.com and updates will be posted on twitter @sprucepointcap.
Spruce Point Capital has a short position in Kratos (KTOS) and stands to benefit if its share price falls.
About Spruce Point Capital
Spruce Point Capital Management, LLC, is a forensic fundamentally-oriented investment manager that focuses on short-selling, value and special situation investment opportunities.
Contact
Sean Donohue
Spruce Point Capital Management
sean.donohue@sprucepointcap.com
212-519-9813
Spruce Point Capital Management, LLC is a member of the Financial Industry Regulatory Authority, CRD number 288248.
View original content:http://www.prnewswire.com/news-releases/spruce-point-capital-releases-a-strong-sell-forensic-research-opinion-on-kratos-defense--security-solutions-inc-nasdaq-ktos-300615249.html
SOURCE Spruce Point Capital Management, LLC
Copyright 2018 PR Newswire
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