Core Viewpoint - Redwire (NYSE: RDW) shares have experienced significant volatility in 2023, initially rising 40% following the announcement of the acquisition of Edge Autonomy, but subsequently declining to April lows [1]. Company Summary - The acquisition of Edge Autonomy was a pivotal event for Redwire, leading to a notable increase in share price at the beginning of the year [1]. - The stock's performance has been characterized by fluctuations, indicating a challenging market environment for Redwire [1]. Industry Context - The article reflects on the broader market dynamics, particularly in the technology sector, where momentum plays a crucial role in investment strategies [1].

Redwire (NYSE: RDW ) shares have been on quite a rollercoaster ride since the start of the year. Back in January, when they announced the acquisition of Edge Autonomy, shares saw a nice 40% bump; however, they’ve since slid off, with April lowsI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the A ...