Redwire Corp is trading 4.1% down at $15.10 today after announcing a new $500 million at-the-market (ATM) equity program, sparking fresh investor worries regarding share dilution.
- The $500 million ATM authorization adds significant pressure to the stock, which has already faced a sharp sell-off over the past week.
- The downward move is being exacerbated by a broader risk-off sentiment in the pre-market trading session.