KTOS Doubles Up on HFT Action

Kratos Defense & Security Solutions, Inc.NASDAQ

Description

⋅ May 14, 2019 1:36 AM

KTOS is an S&P 500 index component. It rose on surges of HFT orders on sequential days, defying the sell down on the major indexes. Smaller funds managers often buy stocks with surges of volume, assuming this is Dark Pool activity when it is not.