Redwire falls on bigger-than-expected Q4 loss

Shares of space infrastructure firm Redwire Corp RDW.N fall 19.4% to $9.72 premarket

Co on Monday reported Q4 loss of $1.38 per share, missing analysts' avg. estimated loss of 18 cents per share - data compiled by LSEG

RDW's Q4 operating loss nearly tripled to $19 mln from a year ago

Space and defense stocks are estimated to gain under President Donald Trump, whom policymakers expect to push ahead with race to the moon and possibly Mars

6 brokerages rate RDW stock "buy" or higher; their median PT is $26.5 — data compiled by LSEG

As of last close, RDW shares down nearly 32% YTD; stock rose ~478% in 2024