Why Redwire Stock Plummeted This Week
Redwire (NYSE: RDW) stock got hit hard this week, falling 17.8% across the stretch. Over the same period, the S 500 and the Nasdaq Composite each managed to gain 0.7% despite high levels of volatility.
Excluding SpaceX, the last week was generally a tough bearish stretch for space stocks. But even with a big valuation pullback in recent trading, Redwire's share price is still up 99% year to date.
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Source Fool.com
