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Why Redwire Stock Keeps Going Down

TheMotleyFool

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Why Redwire Stock Keeps Going Down: https://g.foolcdn.com/editorial/images/856236/masked-soldier-holding-quadcopter-drone-in-hand.jpg

$10 a share. $9 a share. $8. Lower. For the past three trading days, space-and-defense stock Redwire (NYSE: RDW) has gone nowhere but down, losing more than 20% of its market capitalization in total -- including an 11% loss through 12:05 p.m. ET Thursday.

The question is why?

And the answer appears to be: "Drone Dominance" -- or rather the lack thereof.

Source Fool.com

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