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Why Red Cat Stock Dropped Today


Red Cat Holdings (NASDAQ: RCAT) stock tumbled 4.9% through 11:50 a.m. ET Tuesday -- that's the bad news.

The good news is that there's no obviously bad news to explain the drop (which suggests it's temporary). No analyst downgrades, no earnings misses, no... massive equity dilutions, either. (At least, not this week).

Image source: Getty Images.

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Source Fool.com

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