SpaceThe Motley Foolabout 4 hours ago
Why Redwire Stock Plummeted This Week
1 min read
Redwire stock fell 17.8% this week while the S&P 500 and Nasdaq each gained 0.7%. May CPI inflation hit 4.2%, the highest in three years, and President Trump threatened strikes on Iran. SpaceX's IPO also pulled investment dollars from space stocks, contracting Redwire's valuation.
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