Redwire shares are trading higher after the company raised its FY24 revenue guidance above estimates. Also, the company announced the acquisition of Hera Systems.
Portfolio Pulse from Benzinga Newsdesk
Redwire shares are trading higher after the company raised its FY24 revenue guidance above estimates and announced the acquisition of Hera Systems.

August 15, 2024 | 6:40 pm
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Redwire shares are trading higher after the company raised its FY24 revenue guidance above estimates and announced the acquisition of Hera Systems.
The increase in FY24 revenue guidance above estimates is a positive indicator of future financial performance, likely boosting investor confidence. Additionally, the acquisition of Hera Systems could enhance Redwire's capabilities and market position, further driving the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100