Redwire Stock Surges on European Space Deal
Update: 2025-12-22
Description
Redwires stock surged by 5.7% today, marking a three-day rally following a significant contract win with European firm The Exploration Company. The deal, worth at least $10 million, involves building two advanced docking systems for spacecraft, marking Redwires entry into the European space market. Despite the recent gain, the stock remains volatile and trades 66.7% below its 52-week high. Keybanc analyst Michael Leshock recently initiated coverage with a sector weight rating.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
