🔴 Redwire Corp is trading 10% down today on profit-taking after ISS contract-driven surge

Redwire Corp is trading 10% down today at $19.28 on profit-taking following a sharp rally linked to a new International Space Station (ISS) contract.

• The stock previously jumped approximately 15% on June 4 to $21.43 following the announcement of a commercial space greenhouse project.
• Analysts describe today's move as a technical reversal and profit-taking following the recent spike rather than a result of negative fundamental developments.