🔴 Redwire is trading 4.15% down today as ITA ETF falls 2.03%

Redwire is trading at $10.73, down 4.15%, amid pressure across defense stocks; the ITA ETF is down 2.03%.

• Market-news coverage linked recent weakness to broader defense and industrial selling and a director share sale disclosed September 23, not a new company event on September 29.
• No fresh company-specific announcement surfaced September 29. Redwire’s September 24 selection for a multi-vendor Space Systems Command contract is prior positive news; the company noted the award does not guarantee revenue.