When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Shares of Perspecta(NYSE: PRSP) fell more than 16% on Thursday morning after the government IT contractor lost out on a major contract. The loss is a significant blow to Perspecta that is going to take time to recover from.
On Wednesday after markets closed, the U.S. Navy announced it had awarded Leidos Holdings(NYSE: LDOS) a $7.73 billion contract to modernize and maintain computer networks for the Navy and Marine Corps. Leidos beat out Perspecta, the incumbent IT vendor for the Navy, as well as a bid from the IT arm of defense titanGeneral Dynamics.