Red Cat Shares Surge on NATO Contract Speculation

A small drone manufacturer’s stock experienced a dramatic single-day surge of over 30%, propelled by a significant development originating from Brussels. The catalyst behind this explosive move was subsidiary Teal Drones securing placement for its “Black Widow” system within NATO’s procurement catalog, sending waves of excitement through the trading community.

Despite the public market celebration, corporate insiders have demonstrated notable caution. During the past three months, two company directors executed sales totaling more than $1.3 million in company stock. These transactions present a curious divergence from the prevailing market optimism, prompting questions about whether those with internal knowledge anticipate developments the broader market has yet to factor into the share price.

Options Activity Reaches Fever Pitch

Market... Read more...