Unusual Machines Stock Explodes on Big Drone Orders: Here’s What Investors Need to Know
Unusual Machines (NYSE American: UMAC) stock jumped 8.1% to $12.84 at Wednesday’s close after news of a $12.8 million U.S. Army drone component order, its largest deal to date. Wall Street rates UMAC a “Strong Buy” with a $19.33 average target. The company supplies NDAA-compliant drone parts and recently acquired Australia’s Rotor Lab. UMAC plans to open a Florida motor factory by late 2025.
