🟢 Redwire is trading 14.16% up today after Q2 earnings beat and record backlog

Redwire is trading 14.16% up at $13.54 after investors extended the rally following its August 5 earnings beat and record backlog.

• Q2 revenue rose 89.6% to $117.1 million, while gross margin reached 27.8%.
• Contracted backlog hit a record $542.1 million; management reaffirmed $450 million–$500 million of 2026 revenue guidance.
• Follow-on $21.5 million Stalker UAS orders added to prior defense awards; Cantor Fitzgerald and Alliance Global raised price targets.