NASDAQ:DRS

Leonardo DRS Shares Slip Into Holiday Week While Labor Dispute Lingers

Leonardo DRS Shares Slip Into Holiday Week While Labor Dispute Lingers

Leonardo DRS shares closed at $44.92 Friday, up 0.83%, as IAM Local 2782 rejected a contract offer, prolonging a lockout at its West Plains, Missouri, plant. Nearly 300 union members voted against the deal. Nasdaq will be closed Monday for Memorial Day, delaying investor reaction to the labor dispute. The company last reported first-quarter revenue of $846 million and a $4.7 billion funded backlog.
May 24, 2026

Stock Market Today

  • Red Mountain Mining Issues Retraction on Montana Tungsten Exploration Results
    May 29, 2026, 7:54 PM EDT. Red Mountain Mining Limited (ASX:RMX) has retracted previous historical exploration results concerning tungsten mineralisation at its Pioneer Tungsten Project in Montana. The company acknowledged inaccuracies in earlier announcements and clarified the data to better reflect the project's status. This correction impacts investors tracking tungsten, a key metal used in industrial applications, and highlights the importance of verified exploration data in mining equity valuations.