Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Did Red Cat Stock Pop, Then Drop?

TheMotleyFool

0 0

Why Did Red Cat Stock Pop, Then Drop?: https://g.foolcdn.com/editorial/images/848575/roaring-kitten.jpg

Red Cat Holdings (NASDAQ: RCAT) stock jumped nearly 5% this morning before turning tail and tumbling to a 1.1% loss as of 12:20 p.m. ET Tuesday on news from the FCC:

This morning, says Red Cat, the Federal Communications Commission announced it will "immediately implement Section 1709 of the FY25 National Defense Authorization Act (NDAA)."

Source Fool.com