Karman Holdings is trading 4% down at $43.08 in pre-market, extending a multi-day pullback following the expiration of a lock-up agreement.

  • The July 18, 2026, expiration released 42,077,100 previously restricted shares into the market, significantly increasing potential selling pressure and market volatility.
  • While broader indices are trading slightly higher, the weakness in Karman Holdings appears to be driven by this company-specific supply overhang rather than broader market sentiment.