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Why Red Cat Holdings Stock Crushed it Today


Drone company Red Cat's (NASDAQ: RCAT) stock imitated one of its machines and flew well higher on Hump Day. Following news of two C-suite modifications, investors eagerly snapped up Red Cat's shares, driving the stock to a nearly 9% price gain on the day.

Just after the market close on Tuesday, Red Cat announced a pair of changes to its top management team.

Image source: Getty Images.

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Source Fool.com

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