Why Red Cat Stock Just Popped
President Trump just gave this drone company a big boost.
Overview
Like a cat on a hot tin roof, Red Cat Holdings (NASDAQ: RCAT) stock jumped this morning after President Trump announced new tariffs on imported drones and drone parts.
As of 10:30 a.m. ET Friday, Red Cat stock is up a lucky 7.7%.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.