Red Cat Holdings (RCAT) Stock News
$RCAT · NASDAQ · INDUSTRIALS · 4 stories in 30 daysBORSA has published 4 stories on Red Cat Holdings (RCAT) in the past 30 days, 1 of them high impact. BORSA’s news read on RCAT is bullish at 66/100, −5 over 24 hours, based on 3 company events over the past 7 days. RCAT last closed at $4.72 on Oct 16, down 18.20% over five sessions and down 33.47% over the past month. Red Cat Holdings’ next earnings report is scheduled for Thursday, Nov 12.
The wire on $RCAT
newest first · updated · direct subject stories onlyNeedham maintained its price target for Red Cat Holdings at $15.00 per share.
neutral 50 · impact 30Red Cat announced a EUR39/share cash bid for Steyr Motors. The deal values Steyr at $250 million and gives Red Cat marine propulsion for its drone systems. Red Cat stock rose 4.24% in morning trading. The acquisition signals strategic M&A in a defense tech sector where multiples have compressed sharply despite growing revenue forecasts.
· impact 60
