Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Their momentum is also rising as lower interest rates have incentivized higher capital spending.
As a result, the industry has posted a 36% gain over the past six months, beating the S&P 500 by 13.2 percentage points.
New York, NY – October 23, 2025 – Red Cat Holdings (NASDAQ: RCAT) experienced a sharp downturn today, with its stock plummeting 9.7% to close at $9.87. This significant single-day drop marks the continuation of a challenging period for the drone technology company, extending a seven-day losing streak that has
Shares of aerospace and defense company Kratos (NASDAQ:KTOS)
jumped 5.9% in the afternoon session after the company announced it was awarded a $68.3 million contract to build a next-generation hypersonic materials testing center.
The past six months have been a windfall for Kratos’s shareholders. The company’s stock price has jumped 155%, hitting $84.10 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Palladyne AI Corp. and Draganfly Inc. partner to enhance UAV capabilities with Palladyne's Pilot AI software, improving mission flexibility and reducing operator workload.
A number of stocks jumped in the afternoon session after positive news on corporate earnings, easing political and trade tensions, and optimism about future interest rate cuts all converged to lift investor sentiment.
Top large-cap losers last week included IonQ, Tempus AI, AeroVironment, Astera Labs, Nebius, Kratos, F5, Klarna, Leonardo DRS, and First Horizon, driven by sector pullbacks, policy concerns on defense buybacks, a high-profile cyber breach, and weak earnings.
Shares of aerospace and defense company Kratos (NASDAQ:KTOS)
jumped 2.4% in the afternoon session after the company announced the launch of its new "Ragnarök" Low-Cost Cruise Missile (LCCM) system.
Shares of aerospace and defense company Kratos (NASDAQ:KTOS)
jumped 2.3% in the morning session after an analyst at Canaccord Genuity reaffirmed a "Buy" rating on the stock and significantly raised the price target, which was coupled with news of a new contract from the U.S. Navy. The analyst, Austin Moeller, increased the price target to $120 from $74, a substantial 62.16% jump. Adding to the positive sentiment, Kratos was awarded a Phase 1 contract by the U.S. Navy to help establish a program for sustaining the AN/SPY-1 radar systems, which are key sensors on Aegis-equipped ships. The move highlighted the Navy's focus on maintaining the operational readiness of its fleet.
