Redwire Corp. (RDW) shares rose 10.94 percent, or $0.70, to $7.14 on Thursday after the space and defense technology company announced an eight-figure agreement with European aerospace firm The Exploration Company.
The stock was trading at $7.14, up from a previous close of $6.44. Shares opened at $6.95 and moved between $6.93 and $7.48 during the session on the New York Stock Exchange. Trading volume stood at 10,591,790 shares, compared with an average volume of 7,994,147. Redwire is now trading within its 52-week range of $4.87 to $26.66, as investors reacted positively to the strategic contract and its long-term growth implications in the global space infrastructure market.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.