Why Redwire Stock Collapsed 30% This Week

Shares of Redwire (NYSE: RDW) collapsed over 30% this week, according to data from S&P Global Market Intelligence. The space and defense technology company had a drop in revenue last quarter and is posting large net losses. It is working on promising new technologies in satellites, drone surveillance, and even biotechnology solutions in space.As of 3:34 p.m. ET on Friday, Redwire stock was down 35.1%. Here's why the high-risk company sank this week.On Aug. 6, Redwire released its earnings for the second quarter of 2025. Revenue was $61.8 million, down from $78.1 million in the same quarter a year ago. Profits were also elusive, with the company posting a net loss of $78.9 million, larger than its revenue in the quarter. While this is one of the first revenue drops for Redwire in many quarters, selling space and defense solutions to the U.S. government can sometimes be a lumpy business. Redwire said contracts were delayed to later in 2025 and into 2026 for projects such as the Golden Dome, which will have a huge budget from the United States. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool