KBR Slumps, Circle Soars on Stablecoin Bill, Kroger Beats
On this edition of Stock Movers: - KBR (KBR) shares dropped nearly 9%, the most since early November after the engineering company announced its role in the US Transportation Command (TRANSCOM)'s Global Household Goods Contract, which is designed to improve the moving system for military service members and their families. KBR was involved in the contract in a joint venture with HomeSafe Alliance. Bloomberg Intelligence analyst Scott Levine says the termination of the contract may reflect risks to government service providers due to efficiency initiatives imposed by the Trump administration…
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