Redwire Stock Jumps 20% After Record Backlog, But $350 Million Share Plan Looms
Shares of Redwire Corporation climbed roughly 20% Friday, with traders shrugging off the company's larger quarterly loss to zero in on its order backlog and 2026 sales forecast. The stock changed hands near $11.07, translating to a market capitalization of approximately $2.14 billion.
