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0 0.000797448165869303 0.00193665983139669 -0.00290498974709496 0.00501253132832078 0.00729095465937572 0.0117338801549328 0.0109364319890637
Stock impact report

Why Is Mercury Systems (MRCY) Stock Soaring Today [Yahoo! Finance]

Mercury Systems Inc (MRCY) 
Last mercury systems inc earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mrcy.com/overview-0
Company Research Source: Yahoo! Finance
following President Donald Trump's call for a significant increase in the U.S. military budget. The sector-wide surge came after Trump posted on social media that he wanted to boost the country's military spending to $1.5 trillion. The proposed increase in defense spending caused investors to rush back into the sector, lifting shares of U.S. defense contractors. The positive sentiment was widespread, as an index tracking European aerospace and defense companies also climbed around 2% to a new all-time high. After the initial pop the shares cooled down to $89, up 5% from previous close. Is now the time to buy Mercury Systems? Access our full analysis report here, it's free Mercury Systems's shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about wa Show less Read more
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