Redwire Volatility Lingers With Drone Bets Driving RDW Moves
Redwire shares closed at $25.90 Thursday, up 7.9%, and have surged 48% since last Friday. The company reported $97 million in Q1 revenue, a 57.9% increase, but posted a $76.5 million net loss. Recent contracts include a $15 million U.S. Army order and a high-eight-figure NATO deal. Analyst targets remain below current prices.