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 Today?

TheMotleyFool

0 0

Red Cat Holdings (NASDAQ: RCAT) stock jumped 6.4% through 12:10 p.m. ET Wednesday, two weeks ahead of its Q2 2026 earnings report and one day after the Air Force announced a 37.6% increase in its funding request for fiscal 2027.

Image source: Getty Images.

The U.S. Air Force (USAF) announced yesterday it's requesting $338.8 billion. $71.1 billion of this is earmarked for the U.S. Space Force (USSF), but the bulk $267.7 billion would go to USAF itself.

Source Fool.com

Like: 0

RCAT

Share