Today: 20 March 2026
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NASDAQ:KRMN 30 December 2025 - 20 February 2026

Space and defense stocks face earnings week after Karman outlook bump, AST launch plan

Space and defense stocks face earnings week after Karman outlook bump, AST launch plan

The iShares U.S. Aerospace & Defense ETF fell 0.3% to $235.07 Friday as sector stocks closed mixed ahead of major earnings. Karman Holdings dropped 3% after raising its outlook and announcing a $220 million acquisition. AST SpaceMobile slipped 2.4% after setting a late-February satellite launch. L3Harris edged down 0.3% but raised its dividend to $1.25 per share.
Why Karman Holdings Stock Is Down Today: KRMN Slides as Year-End Flows Hit Defense-Space Names

Why Karman Holdings Stock Is Down Today: KRMN Slides as Year-End Flows Hit Defense-Space Names

Karman Holdings shares fell 3.6% to $74.81 in New York afternoon trading Tuesday, underperforming the broader market after a $258.7 million outflow from the SPDR S&P Aerospace & Defense ETF. The stock touched a session low of $74.21, with about 465,000 shares traded. Investors are watching for signs of stabilization ahead of the company’s next quarterly update.

Stock Market Today

  • Premier Investments Halves Decline with Steady Profits, Dividend Boost
    March 20, 2026, 1:30 AM EDT. Premier Investments reported steady first-half profits of nearly $102 million despite softer sales. Total revenue rose 3% to about $480 million, but Smiggle's sales fell amid weak discretionary spending and rising interest rates squeezing younger consumers. The company declared a fully franked interim dividend of 45 cents per share, contrasting with no payout last year. Premier's share price gained on dividend news and a share buyback plan. Facing market challenges, the retailer is restructuring Smiggle to better appeal to children aged 6 to 12 and benefits from its stake in Breville Group, enhancing diversification. Investors remain watchful for potential acquisitions supported by Premier's strong balance sheet.
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