Why Redwire Stock Crashed Today
Source: Motley Fool
2026-06-12 11:42:21 ET
So I guess I was both right and right about the SpaceX (NASDAQ: SPCX) IPO.
Right first, because I predicted SpaceX IPO fever could drive space stocks higher. Indeed, shares of space infrastructure company Redwire (NYSE: RDW) have roughly doubled over the past four months.
That's the good news. I was also right, unfortunately, about what would happen on the IPO date . And this, in a nutshell, is why Redwire stock fell 7% through 11:15 a.m. ET today.
Redwire Corporation
NASDAQ: RDW
RDW Trading
2.43% G/L:
$8.655 Last:
14,240,896 Volume:
$8.50 Open:
RDW Latest News
$1,549,114,345
78,776,923
30.21%
68
N/A
Aerospace & Defense
Industrials
US
Jacksonville
