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Will Executive Firing and Lawsuit Over Controls Change Red Cat Holdings' (RCAT) Leadership Narrative?
Simply Wall St.22d agobearish
Will Executive Firing and Lawsuit Over Controls Change Red Cat Holdings' (RCAT) Leadership Narrative?

Red Cat Holdings, Inc. previously terminated Chief Revenue Officer Geoffrey Hitchcock for cause, after a board hearing under his executive employment agreement, and informed him he would receive only accrued salary and benefits through his termination date. Following this decision, Hitchcock filed a civil complaint alleging retaliatory termination and contract breaches, creating additional legal and governance questions around Red Cat’s leadership and internal controls. Now we’ll examine how...

Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?
24/7 Wall St.24d agobearish
Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?

Red Cat Holdings (NASDAQ:RCAT) stock is down 26% over the past month and down 8% today to $7.86, putting the drone maker at the heart of a broader shakeout in defense-tech names. The question is whether the group is out of fuel or simply cooling off after a large run higher. The answer looks mixed across ... Red Cat Just Dropped 26% in a Month: Are Drone Stocks Like RCAT, Ondas, Redwire, and AeroVironment Out of Fuel?