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Why KBR Stock Popped 17% Today

TheMotleyFool

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After a historic crash came the bounceback.

Oil prices sank 24% on Monday, sparking a massive sell-off in oil stocks, but with oil prices beginning to bounce back a day later, oil stocks are on the rise again -- and that includes both oil producers and engineering and consulting firms like KBR (NYSE: KBR) that help them do their business.

KBR lost 19% in Monday's market rout, but it got back most of those losses today, closing Tuesday trading up 16.9%.

Source Fool.com

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