Redwire (RDW) Shares Plummet on Shake-Up – Is a Takeoff Next?
Redwire (NASDAQ:RDW) closed about $9.40 on Oct 15, down ~1.5% on the day investing.com (after a 5.3% pop on Oct 14). The stock is volatile: it fell ~9.4% in one day and ~18.6% over a week after recent corporate news ts2.tech. Year-to-date, RDW is still down ~42% (despite a 12.8% one-year gain) ts2.tech. Major catalysts include a new Oct 14 partnership with Red Cat to pair Redwire’s Stalker drone with Red Cat’s Black Widow quadcopter businesswire.com, a Sept 25 contract to supply solar arrays for Axiom Space’s station module, and the Aug launch of SpaceMD, Redwire’s new pharmaceutical subsidiary (commercializing
