Sam. Go ahead. *walks to capta

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Spurn
2021-06-29

Sam.

Go ahead.

*walks to captain*

Cap.

So, did something go wrong, or did something go right?

Cathie Wood keeps buying shares of this autonomous drone stock

Cathie Wood’s Ark Invest added to its position in Kratos Defense & Security on Monday, with the acti

Cathie Wood keeps buying shares of this autonomous drone stock

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So, did something go wrong, or did something go right?","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/159756745","repostId":1174482700,"repostType":4,"repost":{"id":"1174482700","kind":"news","pubTimestamp":1624976083,"share":"https://www.laohu8.com/m/news/1174482700?lang=&edition=full","pubTime":"2021-06-29 22:14","market":"us","language":"en","title":"Cathie Wood keeps buying shares of this autonomous drone stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1174482700","media":"CNBC","summary":"Cathie Wood’s Ark Invest added to its position in Kratos Defense & Security on Monday, with the acti","content":"<div>\n<p>Cathie Wood’s Ark Invest added to its position in Kratos Defense & Security on Monday, with the active exchange-traded fund manager having built a significant stake in the drone specialist.\nKratos is ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/cathie-wood-keeps-buying-shares-of-autonomous-drone-stock-kratos.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Kratos trails only Tesla,JD.com and Trimble among ARKQ’s top holdings by weight.\nShares of Kratos rose 2% in trading, up from its previous close of $27.31. The stock is flat for 2021, but has climbed 76% over the past 12 months.\nKratos’ business is focused on growing its autonomous tactical drone programs, although Goldman Sachs recently noted that the company’s space and satellite unit makes up the largest portion of Kratos’ total revenue.\nThe company is the world leader in building target drones – meaning UAVs (unmanned aerial vehicles) that are used for target practice by the military.\n“Kratos expects solid growth in this product line next year as multiple programs move ... into full rate production,” Goldman Sachs analyst Noah Poponak wrote in a recent note about Kratos.\nThe company is investing in multiple areas that the Pentagon sees as the next-generation of warfare, including autonomous drones, spacecraft, hypersonics and laser-based weapons systems. 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