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Why Red Cat Stock Popped Today -- Then Dropped

TheMotleyFool

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Why Red Cat Stock Popped Today -- Then Dropped

Red Cat Holdings (NASDAQ: RCAT) stock got a bump from ringing the bell at the opening of Nasdaq trading this morning.

Shares of the company, which makes drones for the military, climbed nearly 8% in early trading before giving back most of those gains. As of 10:45 a.m. ET, Red Cat stock is up only 2.1%.

Image source: Getty Images.

Source Fool.com

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