Redwire Corp is trading at $15.79 (up 6.2%) in pre-market as shares stabilize following a sharp two-day decline triggered by its new $500 million at-the-market equity program.
- The stock fell 5.3% on June 10 as investors reacted to potential dilution concerns stemming from the massive equity offering announcement.
- Today's rebound appears driven by bargain-hunting and broader market strength, with equity futures trading higher across the board.