Ondas Holdings Inc. (ONDS) surged 8.62% in pre-market trading, outperforming the broader market as defense and drone-related stocks rallied.
The rally was triggered by President Donald Trump’s social media post proposing a $1.5 trillion defense budget for 2027, which includes significant funding for drone makers. The announcement reversed earlier losses in the sector and sparked optimism among investors about increased government contracts for companies like Ondas.
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