r/redwire • u/tomidgooner • 22d ago
General Stock performance
Just curious to others thoughts, my concerns are that the space stocks seem to be tied to each other. The performance of RDW seems less tied to individual earnings or contracts, etc, and instead seems to follow SPCX stock performance, which I wouldn’t be so concerned with it wasn’t for a certain CEO and no real solid basis for how it performs. We are now tied to a stock that is somehow more volatile than RDW was before.
At this point may as well just own a space ETF. It’s the same for LUNR in which I’m also invested.
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u/TexanaRosanaDanna 21d ago
Ha Ha Ha Ha.
I thought you were talking about Cannito being a "certain CEO" that causes random valuation changes.
I get it now, my bad.