Why Redwire Stock Just Crashed 12%

Wednesday was supposed to be earnings day for recent special purpose acquisition company (SPAC) initial public offering and space infrastructure builder Redwire (NYSE: RDW).

Now it's no longer earnings day -- and Redwire stock is down 12.2% as of 10:30 a.m. EST because of it.

Image source: Getty Images.

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Source Fool.com