Redwire stock rises 27.7% on SpaceX IPO news
Redwire stock is up 27.7% today, driven by the recent SpaceX IPO filing.
The company’s shares are benefiting from the market’s enthusiasm for space stocks.
Redwire recently announced a $15 million expansion of an existing drone contract with the U.S. Army and a multiyear, eight-figure contract to help a NATO ally modernize its aerial drone fleet.