Redwire (RDW) Rises Sharply Ahead of SOF Week Conference
Redwire Corp. (NYSE: RDW) surged by 22% following a two-day losing streak, driven by anticipation ahead of the upcoming SOF Week conference where new technologies will be showcased. The company reported a widened net loss in Q1 but saw revenue increase by 58%, reaffirming its full-year growth forecast.
Tickers: $RDW
Topics: Redwire revenue growth SOF Week uncrewed aerial systems (UAS)