Leonardo DRS Stock Hits Day Low of $38.08 Amid Price Pressure

Feb 24 2026 06:09 PM IST
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Leonardo DRS, Inc. faced a significant stock price decline on February 23, 2026, reaching an intraday low. The company's recent performance has been mixed compared to the S&P 500, with a notable drop over the past month. However, it maintains strong long-term fundamentals and consistent quarterly returns.
Leonardo DRS Stock Hits Day Low of $38.08 Amid Price Pressure
Leonardo DRS, Inc., a small-cap player in the Aerospace & Defense sector, experienced a notable decline today, with its stock price dropping by 7.13% on February 23, 2026. The stock reached an intraday low of USD 38.08, reflecting a challenging trading session.
In terms of performance metrics, Leonardo DRS has shown a mixed performance relative to the S&P 500. Over the past day, the stock's performance was down 4.72%, while the S&P 500 gained 0.69%. In the past week, the stock has remained relatively stable with a slight increase of 0.03%, contrasting with the S&P 500's 1.07% rise. However, over the past month, Leonardo DRS has seen a decline of 6.95%, while the S&P 500 has increased by 1.66%. Despite today's downturn, Leonardo DRS has demonstrated strong long-term fundamentals, including a low Debt to EBITDA ratio of 2.43 times and a solid Return on Capital Employed (ROCE) of 12.14%. The company has also reported positive results for the last three consecutive quarters, showcasing its ability to generate consistent returns.
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