Stock Track | Ondas Holdings Plummets 5.09% Intraday Amid Profit-Taking After 1,200% Run and Share Registration
Stock Track
Mar 12
Ondas Holdings Inc. (NASDAQ: ONDS) saw its stock price plummet 5.09% during intraday trading on Wednesday. The decline occurred despite the company recently reporting strong preliminary revenue figures for Q4 2025 and announcing the strategic acquisition of defense technology firm BIRD Aerosystems.
According to related news, the drop is attributed to traders taking profits following the stock's extraordinary 1,200% surge over the past year. Additionally, a separate SEC filing revealed that the company registered 6.9 million shares of common stock for sale by selling stockholders, which may have contributed to increased selling pressure in the market.
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