Kratos Craters After Warning of Renewed Cash Burn

Kratos Defense & Security Solutions (NASDAQ: KTOS) suffered a fearful fall yesterday. After reporting Q4 and full-year earnings 2019 Monday evening, investors punished the maker of target drones and jet-powered combat drones, selling off the stock by 22.3% on Tuesday.

So how bad was the news exactly?

Image source: Getty Images.

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Source Fool.com