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Why Red Cat Stock Crashed Today

TheMotleyFool

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Red Cat Holdings (NASDAQ: RCAT) stock tumbled 11.2% through 1 p.m. ET Friday on no obvious bad news -- no obvious news for Red Cat itself, that is to say.

There was some news for investors in Red Cat rival Kratos Defense Security (NASDAQ: KTOS).

Image source: Getty Images.

Source Fool.com

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