Massive Sell-Offs: These 10 Stocks Shockingly Nosedived

4. Redwire Corporation (NYSE:RDW)

Redwire fell by 16.9 percent week-on-week, from $19.08 on June 13 to $15.86 last Friday, as investors resorted to profit-taking while repositioning portfolios ahead of its presentation at the Jefferies Virtual Space Summit.

On Friday, Redwire Corporation (NYSE:RDW) announced that its chairman and chief executive officer, Peter Cannito, will present at the Jefferies Virtual Space Summit on June 24, 2025, from 1:20-1:50 PM ET.

Investors will be closely watching out for cues on Redwire Corporation’s (NYSE:RDW) updated outlook and plans for the rest of the year.

In other news, Redwire Corporation (NYSE:RDW) announced last week its successful acquisition of Edge Autonomy, a company providing unmanned aerial vehicle system technology, for $1.14 billion.

Edge Autonomy is a leader in providing autonomous systems and resilient energy solutions to the US Department of Defense, US Federal Civilian Agencies, and allied governments around the world.