Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites
Karman Holdings Inc. posted first-quarter numbers and bumped its 2026 outlook. The initial move? Shares climbed 6.22% to close at $62.48. But the print wasn’t convincing enough for the price—stock reversed sharply after hours, tumbling 11.01% to $55.60. The space and defense supplier couldn’t hold the gain.