RCAT is trading at $13.89 (4.1% down) as the stock continues to pull back following a significant production-driven rally in late May.

  • The move appears to be a continuation of profit-taking and consolidation after the stock previously surged on production news.
  • No fresh company-specific catalysts were reported this morning, and the broader market is trading slightly higher in pre-market sessions.
  • Shares were already down nearly 11% as of May 29, suggesting a cooling-off period after a period of high volatility.