Ondas Surges 15% as Drone Stocks Rebound Ahead of Its Earnings Report; Red Cat Jumps 14%, AeroVironment Surges 9%
247wallst.com's David Moadel reports drone and defense-tech stocks rebounding after a post-election selloff, with Ondas Holdings up 15% to $5.19 ahead of its earnings report and still down 47% year to date, Red Cat up 14%, and AeroVironment up 9%. The site cites Ondas' ULTRA production expansion and more than $270 million in orders since June 30, while warning its acquisitions add integration risk and that investors should watch how the defense budget fight settles.
