Red Cat Holdings Stock Plunges 17% on Lack of Formal Guidance
ByAinvest
Thursday, Mar 19, 2026 12:45 pm ET1min read
RCAT--
Red Cat Holdings' stock is down 17% after management failed to provide a clear outlook for FY 2026 revenue due to a delay in finalizing a key production contract. The delay has caused a big selloff, but one analyst is optimistic and believes the company is still a good investment.
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