Why Red Cat Holdings Stock Crushed it Today
Red Cat (US:RCAT) The Motley Fool·2025-12-03 23:43The company effected what seemed to be a seamless transition in its C-suite.Drone company Red Cat's (RCAT +8.76%) stock imitated one of its machines and flew well higher on Hump Day. Following news of two C-suite modifications, investors eagerly snapped up Red Cat's shares, driving the stock to a nearly 9% price gain on the day.Managerial movesJust after the market close on Tuesday, Red Cat announced a pair of changes to its top management team. The first is the promotion of now ex-CFO Christian Ericson to ...