Skyrocketing Ondas (NASDAQ:ONDS) Stock: 26% Surge on $3.5M Drone Deal – What Investors Must Know
ONDS traded roughly $7.3–7.9 in late Sept. It rose ~+2.7% on Sept 29 stockanalysis.com, then slipped into the $7.3’s by early Oct 1 stockanalysis.com. On Oct 2, news of the Rift Wasp drone order and other catalysts ignited a 26% spike: ONDS opened around $7.80 and surged to a high of $9.34, closing at $9.21 stockanalysis.com. This is a fresh multi-month high. In essence, the stock leapt on strong government-defense deal news, reversing a mild pullback from its Sept highs.