Why Is Redwire Stock Falling On Tuesday?

Redwire Corp (NYSE:RDW) shares are sliding on Tuesday as investors rotate out of smaller space stocks and into SpaceX following its blockbuster IPO. SpaceX’s historic market debut propelled the company to a roughly $2.1 trillion valuation. While the IPO initially...

Yum China Buys Pizza Hut Brand In China

Yum China Holdings Inc. (NYSE:YUMC) said Tuesday it has agreed to acquire ownership of the Pizza Hut brand in Mainland China from Yum! Brands Inc. (NYSE:YUM) for $1.2 billion in cash. Acquisition Ends Pizza Hut Royalty Payments Once the deal closes, expected in the...