NEW YORK, Jan 15, 2026, 20:03 EST — Market closed.
- Ondas shares fell 5.4% on Thursday, with intraday swings exceeding $1.
- This week saw the debut of a new 2x leveraged ETF tracking ONDS, opening up another speculative avenue.
- After closing a $1 billion stock-and-warrant deal, investors are eyeing Friday’s virtual Investor Day for clues on the 2026 outlook.
Ondas Holdings Inc shares dropped 5.4% Thursday, finishing at $12.82. The stock swung between $14.06 and $12.79 during the session, with roughly 96 million shares traded.
Ondas is making this move just before its Investor Day on Friday, a key event that’s been driving fast-paced trading in the stock. Adding to the buzz, a new leveraged exchange-traded fund linked to Ondas hit the market this week, likely attracting short-term investors and boosting the stock’s visibility.
Tradr ETFs launched the Tradr 2X Long ONDS Daily ETF, ticker ONDU, on Tuesday via Cboe. The fund aims to deliver twice the daily performance of Ondas shares — with “daily” key here, since the exposure resets every session, causing returns to diverge from a simple double over longer periods. “This newest suite of funds touches on some hot button themes … namely drone technology and rare earth resources,” said Matt Markiewicz, Tradr’s head of product and capital markets, in the release. 1
Ondas has had a busy schedule on the capital markets front. On Jan. 12, the company announced it closed a $1 billion registered direct offering of common stock and pre-funded warrants. It expects to net roughly $959 million after fees and expenses. The deal also came with warrants linked to additional shares. 2
Ondas announced on Jan. 5 that it will hold OAS Investor Day 2026 on Jan. 16 at 10 a.m. ET. Senior executives are expected to detail priorities, capital allocation plans, and the financial outlook for 2026, covering assumptions and investment strategies. 3
Investors want to know if Friday’s presentation will deliver clearer figures on 2026 revenue growth and spending. They’re also watching to see how management defines “operating leverage,” a term for boosting sales faster than costs.
Ondas now boasts a significantly bigger war chest following the offering. The company plans to deploy the proceeds toward corporate development and strategic growth, including acquisitions and investments. That said, traders usually want to see concrete plans once the cash hits the balance sheet.
The risks are clear. Leveraged products don’t just boost gains; they can ramp up losses just as fast. Ondas has proven it can swing sharply within one session. Plus, the recent stock-and-warrant setup hints at potential dilution down the line if more shares flood the market.
Friday’s Investor Day at 10 a.m. ET is the next big event. Investors will zero in on the 2026 outlook, capital plans, and the timing of key execution milestones. They’ll also be watching to see if Thursday’s heavy volume spills over into the market open.
