🟢 Red Cat Holdings is trading 6.94% up in pre-market after White House announces tariffs on imported drones

Red Cat Holdings is trading 6.94% up in pre-market at $10.94 after the White House announced tariffs of up to 100% on imported drones and components.

• The policy targets foreign drone supply chains and supports domestic defense-drone manufacturers, making it a likely sector catalyst.
• Red Cat Holdings recently reported 527% year-over-year Q2 revenue growth and reaffirmed 2026 guidance.