Ondas Stock Saw Fast Moves; Monday Still Ahead
Ondas Inc. shares fell 5.26% to $10.62 Friday after a 26.52% surge Thursday, still up 17% from May 8. First-quarter revenue jumped to $50.1 million, prompting the company to raise its 2026 target to at least $390 million. Ondas also reported a $457 million order backlog and filed to register resale of 3.3 million shares from the World View deal. The company posted a $42.7 million operating loss for the quarter.