Redwire stock swings after $151B SHIELD win — what RDW traders watch next
Redwire shares fell 6.4% to $13.29 in early Wednesday trading, reversing gains after the company secured a spot on the U.S. Missile Defense Agency’s $151 billion SHIELD contract. The contract is an IDIQ vehicle with no guaranteed revenue. Trading volume reached 25.7 million shares. Investors now await follow-on task orders and Redwire’s quarterly report due in March.