Redwire Stock Drops After Jefferies Downgrade

Redwire (NYSE: RDW) stock fell by over 15% after Jefferies & Co. downgraded the stock from 'buy' to 'hold'. The analyst cited a surge in share price driven largely by excitement around space, particularly SpaceX's upcoming IPO.

By Rich Smith · Motley Fool ·

Redwire Stock Drops After Jefferies Downgrade

Tickers: $RDW

Topics: Jefferies & Co. Redwire SpaceX IPO

Read the full article at Motley Fool

More World news