Mercury Systems Shares Plunge 9%: Aerospace Giant Lowers 2023 Outlook for Defense Tech Sector
Mercury Systems Inc., a leading aerospace and defense electronics manufacturer, experienced a 9% drop in MRCY stock in the extended session on Tuesday. This came after the company reported higher-than-expected fiscal third-quarter profit and sales, yet slashed its guidance for the year. In this article, we will analyze Mercury Systems’ financial performance and its future […]