Redwire Shares Slip 0.8% in Premarket Trading
Redwire shares edged 0.8% lower in Monday’s premarket. Co-president Josh Stinson said drone tactics that worked in Ukraine “maybe two weeks ago” no longer work, and argued investors may be overlooking the importance of upgrading drones.
Redwire Corp. is betting that constantly upgrading its drones will set it apart as battlefield threats evolve, with Co-president and Chief Growth Officer Josh Stinson saying investors may be overlooking how important those upgrades are.Redwire stock edged 0.8% lower in Monday’s premarket.Redwire Sa…