Redwire Stock Just Jumped 27% — The $498 Million Number Traders Can’t Ignore
Redwire shares jumped 27% over five sessions, closing Friday at $14.06 after a surge in orders and defense-drone interest, despite a $76.5 million quarterly loss. The company reported first-quarter revenue of $97 million and a record $498.1 million backlog. Redwire will showcase new uncrewed aircraft systems at SOF Week in Tampa starting Monday. A new share-sale program could raise up to $350 million.