🔴 Red Cat Holdings is trading 5% down today

Red Cat Holdings is trading 5.11% lower at $5.47, extending a decline from $5.77 on October 9.

• On October 12, the company announced Red Cat Aerial, combining Teal Drones and FlightWave, and unveiled the TRICHON drone at AUSA 2026.
• Available coverage described the stock as nearly unchanged at the time, so it does not establish the announcement as the cause of the current drop.
• Major indexes were mixed, not down more than 0.5%, so broad-market weakness does not clearly explain the move.