SpaceThe Motley Foolabout 4 hours ago
Why Red Cat Stock Sank Today
1 min read
Red Cat stock fell 6.9% on Friday even as the S&P 500 rose 0.5% and the Nasdaq rose 0.3%. No company-specific news drove the decline; investors reacted to geopolitical shifts and pulled funds to buy SpaceX shares in its IPO, which gained 19.2% on its first day.
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