Draganfly Inc is trading at $5.75 (-10.44%) as traders lock in profits following a sharp multi-day rally.
- The decline coincides with broader market weakness, with the Nasdaq Composite falling 2.17% and growth-oriented stocks facing selling pressure.
- No company-specific announcements were released to explain the move, suggesting a consolidation pullback rather than a fresh negative catalyst.
- The stock continues to see high volatility, having recently closed at $6.42 on June 8 following a series of sharp price swings.