Ondas Stock Plunges 14%: The Insider Sale and Drone Deal Traders Are Fighting Over
Ondas plunged 14.5% to $11.61 after CEO Eric Brock sold 2.38 million shares at $13.43 to cover tax withholding on vested stock awards, with additional shares registered for resale tied to the Omnisys acquisition, raising investor concerns about increased share supply despite recent defense contract wins and surging orders.