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Spruce Point tweets caution on Kratos Defense

Published 05/15/2018, 10:34 AM
© Reuters.  Spruce Point tweets caution on Kratos Defense
KTOS
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  • "Spruce Point has issued a critical update on $KTOS post Q1 results, finds significant revenue disappointment masked by accounting change, potentially deceptive free cash flow revision, and new evidence to suggest cash misrepresentation #bearish."
  • The tweet has sent KTOS shares down 3.4% in early trade.
  • Now read: Week 20 Breakout Forecast: Short-Term Picks To Give You An Edge


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