T3 Defense is trading 5.66% up at $38.65 on August 12, 2026, reversing part of the recent selloff; no clear new company-specific announcement directly explains the gain.

  • Fugazi Research’s bearish report questioned losses, liquidity, reverse-split plans, and acquisition strategy.
  • The report cited $3.6 million in first-quarter revenue against a $26.3 million net loss, while broader indexes were only modestly higher.