Why Redwire Stock Popped This Morning
Redwire (NYSE: RDW) stock jumped out of the gate Thursday, soaring 11% before giving back most of its gains. As of 11 a.m. ET, the stock is up 3.2%.
And why? The Wall Street Journal just reported that the Trump Administration may make financial investments in U.S. drone manufacturers, aiming to subsidize production of low-cost disposable attack drones commonly referred to as first-person view or "FPV."
Image source: Getty Images.
Source Fool.com
