
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf Of Investors Of Redwire Corporation - RDW
NEW YORK, June 7, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Redwire Corporation ("Redwire" or the "Company") (NYSE: RDW ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Redwire and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On May 12, 2025, Redwire issued a press release reporting its financial results for the first quarter of 2025. Among other items, Redwire reported revenue of $61.4 million, missing consensus estimates by $13.14 million and representing a 30.1% year-over-year decline. In its press release, Redwire acknowledged delays in U.S. government contract awards, attributing them to leadership transitions at agencies like NASA and the Space Development Agency, as well as shifting budget priorities under the Trump administration.
On this news, Redwire's stock price fell $0.75 per share, or 6.63%, to close at $10.56 per share on May 12, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See .
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
SOURCE Pomerantz LLP
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