Redwire (RDW) Climbs 17% on Bargain-Hunting

We recently published 10 Stocks Delivering Double-Digit Gains Effortlessly; 4 Hit Highs. Redwire Corp. (NYSE:RDW) was one of the best performers on Thursday.

Redwire saw its share prices jump by 17.45 percent on Thursday to close at $11.98 apiece as investors resorted to bargain-hunting following a two-day drop, supported by a broader market optimism after President Donald Trump withdrew a plan to impose 10 percent tariffs on eight European countries.

Redwire Corp. (NYSE:RDW) rallied alongside its technology peers, with the tech-heavy Nasdaq leading gains by 0.91 percent, followed by the Dow Jones, up 0.63 percent, and the S&P 500, increasing 0.55 percent.

In other news, Redwire Corp. (NYSE:RDW) announced that it has officially retired the “Edge Autonomy” brand and integrate its operations into Redwire branding.

“The unification of both space and defense technology capabilities under a single Redwire brand is being rolled out concurrently with an updated business structure to provide greater visibility into our unique positioning in these two strategic offerings,” the company said.

The company will be organized in two business segments, namely space and defense technology, to be led by Mike Gold and Steve Adlich, respectively/

“This realignment optimizes our business for operational execution and aligns Redwire’s technology portfolio under a unified brand that represents innovation and excellence across multiple domains,” Redwire Corp. (NYSE:RDW) Chairman and CEO Peter Cannito said.

“Redwire has a strong growth trajectory, and this new structure will enable us to continue our momentum in key domains while providing clear visibility into our strong positioning and scale in rapidly accelerating markets,” he added.

Further details about the initiative will be announced in its fourth quarter earnings call, likely in the first week of March 2026.

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Disclosure: None. This article is originally published at Insider Monkey.