This Tiny Space Stock Just Bought a $1 Billion Defense Business. Is It a Buy?
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As stock markets reopen for business Monday, Redwire (NYSE: RDW) investors will be coming off of a terrific week. Last Monday, President Trump doubled down on his commitment to "unlock the mysteries of space," declaring "we stand at the birth of a new millennium." The crowd approved, yet Trump inherits the priciest stock market in history. Space stocks of all sorts rocketed higher when stock markets reopened on Tuesday. Redwire in particular enjoyed an even stronger boost because, on top of the generalized space stock enthusiasm, Redwire had some very specific news of its own to announce.Redwire is becoming a defense stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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