Why Redwire Corporation Stock Soared 20% Higher This Week
2026-02-26 16:33:49 ET
Shares of Redwire Corporation (NYSE: RDW) are jumping 20% this week, according to data from S&P Global Market Intelligence . The space infrastructure and defense innovator posted healthy backlog growth in the fourth quarter, leading investors to bid up the stock. Still, the stock is down from its $10-per-share listing price when it went public through a special purpose acquisition corporation ( SPAC ) in 2021.
Here's why Redwire stock was up this week, and whether it is a buy right now.
Redwire is a new-age company that sells space infrastructure equipment and defense technology. These include power solutions and sensors for orbital equipment, as well as drones for military use.
NASDAQ: RDW
RDW Trading
4.82% G/L:
$9.355 Last:
12,891,577 Volume:
$8.71 Open:
