Why Redwire Stock Was Blasting Higher This Week

A hot sector on terra firma might also become popular in space, and the company could benefit if it plays its cards right.The stock of next-generation space and defense company Redwire (RDW 4.11%) was a hit over the past few trading sessions -- and it generally wasn't because of any proprietary news from the company. Rather, a report about two associated businesses helped propel its shares higher; they were up by nearly 14% week-to-date as of early afternoon Friday, according to data compiled by S&P Global ...