Ondas Holdings (ONDS) Stock Slides on Heavy Volume as Investors Weigh Dilution Filing and 2026 Drone Catalysts
Ondas Holdings shares fell about 7% to $8.48 Friday on heavy volume, while major indexes were flat. The drop followed a recent Form 8-K detailing the issuance of over 7.6 million new shares tied to exchange agreements and a projected $56.6 million non-cash charge for Q4. Ondas has not released new press statements since mid-December.