DR
DRS
-2.5%⚪ No clear catalystLeonardo DRS, Inc. Common Stock · Technology
$34.73Vol 1.02M · 1.0× normalMkt cap −$0.24BMarket closed — 2026-10-13 session
What happened
Move
-2.5%
Price
$34.73
Volume
1.02M
1.0× normal
Market cap
$9.27B
−$0.24B today
Why it moved
Product announcementlow confidence
- Leonardo DRS Launches cxMHR, a Fully Digital C-Band Radar for Integrated Air and Missile Defense — finnhub-news
Weak signal: product announcement, 2.4pp below its sector.
Verdict — was the move justified?
⚪ No clear catalyst
An unusually large move with no reliable catalyst identified — most likely flow/positioning-driven rather than news-driven.
How unusual is this move
σ score
2.1σ
vs own 20d volatility
Percentile
78th
of 970 daily moves
Avg daily move
±1.7%
own 5y average
vs sector
-2.4%
beyond sector median
What happened after similar moves
118 similar down moves in DRS’s 5-year history:
After 5 days
+0.9%
62% higher
After 20 days
+1.7%
63% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 64G 56P 49H 86Q 97
Insider activity (90d): net selling $1.21M
Valuation context
P/E (TTM)
29.1
5y median 37.0
P/E percentile
22%
vs own 4y history
FCF yield
0.0%
Trading cheaper than 78% of its own historical valuation range.
Full fundamental analysis on PreMarketPrice
Pillar scores, financial statements, valuation history, news & more for DRS