Why Redwire Stock Imploded Today
Source: Motley Fool
2025-08-07 10:37:10 ET
Redwire (NYSE: RDW) , the space stock specializing in orbital infrastructure, got destroyed Thursday morning after the company reported much worse earnings than investors had expected. Analysts had forecast the company would lose $0.42 per share on sales of $82.8 million -- already not a great result. But Redwire reported last night that second-quarter sales were actually only $61.8 million, and its loss was $1.41 per share.
Redwire stock is down 29% through 10:10 a.m. ET already.
Image source: Getty Images.
Redwire Corporation
NASDAQ: RDW
RDW Trading
-1.94% G/L:
$14.15 Last:
34,319,116 Volume:
$13.73 Open:
RDW Latest News
RDW Stock Data
$1,549,114,345
78,776,923
30.21%
68
N/A
Aerospace & Defense
Industrials
US
Jacksonville
