Leidos Holdings Stock Falls 5% On Revenue Miss

(RTTNews) - Leidos Holdings, Inc. (LDOS) is down 4.55 percent, dropping $6.49 to $136.28. The decline follows the company's latest earnings report, which showed revenue of $4.37 billion, missing expectations compared to $3.98 billion in the previous period despite increase.

LDOS is currently trading at $136.28, down from the previous close of $142.77. The stock has fluctuated between $132.78 and $148.62 during today's session. Trading volume has risen to 2.45 million shares, surpassing the average volume of 1.49 million.

The stock remains within its 52-week range of $118.40 to $202.90, as investors react to the revenue shortfall.