🔴 Red Cat Holdings is trading 5% down today as Treasury yields weigh on defense stocks

Red Cat Holdings is trading 5.11% down now at $9.38, as rising long-term Treasury yields weigh on growth-oriented defense stocks.

• No new company-specific catalyst was identified on August 20, 2026.
• Nasdaq is down 0.74%, the S&P 500 is down 0.31%, and defense ETF ITA is down 2.00%.
• Rising yields are reversing the prior session’s relief rally amid broader risk-off sentiment.