Why Redwire Stock Plummeted This Week
Redwire stock got hit hard this week, but it's still up 99% in 2026.
Why Redwire Stock Plummeted This Week
Overview
Redwire (NYSE: RDW) stock got hit hard this week, falling 17.8% across the stretch. Over the same period, the S&P 500 and the Nasdaq Composite each managed to gain 0.7% despite high levels of volatility.
Excluding SpaceX, the last week was generally a tough bearish stretch for space stocks. But even with a big valuation pullback in recent trading, Redwire's share price is still up 99% year to date.
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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.
