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Ondas Holdings Inc (NASDAQ:ONDS) shares fell 4. 9% in premarket trading on Tuesday after the company announced an agreement to acquire Aran Defense for approximately $33 million, a transaction designed to expand its manufacturing and engineering capabilities in Israel.
Ondas raised its revenue outlook and still got punished, breaking a monthlong winning streak in a sector where every drone name is now watching its back. The selloff raises a pointed question about whether richly valued momentum stocks can survive their own good news.
Ondas Holdings Inc. (NASDAQ:ONDS) shares fell 4% in Thursday premarket trading after the defence technology company reported a wider-than-expected second-quarter loss.
CEO Eric Brock said he expects Ondas “to sustain this momentum” and deliver another significant revenue ramp during the second half of 2026.
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