Redwire Corporation (RDW)
Redwire Corporation (RDW) specializes in aerospace and space infrastructure, providing engineering, manufacturing, and mission-related solutions for government and commercial clients. The company focuses on space robotics, satellite components, and sustainable space exploration technologies.
Company News
Redwire Corporation has been awarded a contract by Axiom Space to develop roll-out solar array wings for Axiom Station's first module, supporting the development of a commercial space station to maintain U.S. leadership in low-Earth orbit.
Redwire Corporation's stock unexpectedly dropped 11.9% despite recent positive partnership announcements with Honeywell and Thales-Alenia in space and quantum technology sectors, with analysts suggesting profitability remains distant.
Halper Sadeh LLC, an investor rights law firm, is investigating several companies for potential violations of federal securities laws and/or breaches of fiduciary duties to shareholders.
Executives from AE Industrial Partners, a private equity firm, have sold a significant amount of Redwire Corp (NYSE:RDW) stock, totaling approximately $462,918. The sales were carried out in multiple transactions at prices ranging from $7.10 to $7.29.
Virgin Galactic (SPCE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.