KRY hammered out of the gate. The Dow is hammered out of the gate. KRY because of news and Dow because of the technicals.
Techs previously were starting to turn slightly better for KRY. DJ report about KRY trumps technicals (news always trumps techs) and seems to be reason for KRY sp dump.
News trumps news, so KRY management must issue a PR rebuttal or sp will continue to suffer. As I have posted before, from experience, it takes time for news to sink in or get around for this stock. Once this bad news sinks in, without rebuttal, it will get much worse before it gets better.