![The Largest Communities on Reddit [Infographic]](https://imgproxy.divecdn.com/vfTS-YsC_ZrqM6F4tAXJgV6qj3gCHSsf2dvHufDbrrQ/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9sYXJnZXN0X3JlZGRpdF9jb21tdW5pdGllczIucG5n.webp)
![[Weekly funding roundup June 14-20] VC inflow crashes to second lowest level for the year](https://images.yourstory.com/cs/2/220356402d6d11e9aa979329348d4c3e/WeeklyFundingRoundupNewLogo1-1739546168054.jpg)
Why Redwire Stock Tumbled by Nearly 17% This Week
Friday probably didn't come fast enough for space exploration equipment specialist Redwire (NYSE: RDW). After all, according to data compiled by S&P Global Market Intelligence, its share price fell by nearly 17% this week. A dilutive share issue and the closing of a pricey asset buy were two key factors in that double-digit dip. On Monday after market close, Redwire announced that it is floating a secondary issue of its common stock, and the following day divulged that the issue is being upsized. Image source: Getty Images.Continue reading
Friday probably didn't come fast enough for space exploration equipment specialist Redwire (NYSE: RDW). After all, according to data compiled by S&P Global Market Intelligence, its share price fell by nearly 17% this week. A dilutive share issue and the closing of a pricey asset buy were two key factors in that double-digit dip.
On Monday after market close, Redwire announced that it is floating a secondary issue of its common stock, and the following day divulged that the issue is being upsized.
Image source: Getty Images.
