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Why Redwire Stock Popped on Tuesday

TheMotleyFool

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Why Redwire Stock Popped on Tuesday: https://g.foolcdn.com/editorial/images/880009/workers-spread-out-blueprints-on-a-table.jpg

Redwire Corporation (NYSE: RDW) stock investors had an amazing day Tuesday, with their stock closing up 9.4% on a couple of announcements suggesting Redwire has momentum:

Yesterday, Redwire announced a "major expansion" of its Huntsville, Ala., factory for building Stalker UAS armed surveillance drones.

And today, Redwire opened a second factory in Georgetown, Ind., to produce "microgravity payloads" for operation in space.

Source Fool.com

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