Ondas Holdings Inc. is trading 4.1% down now at $8.89 as traders take profits and reassess valuation following a sharp rally driven by new defense contract wins.
- The company recently announced over $40 million in autonomous defense orders for June, bringing total Q2 2026 order activity above $150 million.
- The stock experienced a significant pre-market spike on June 22 following the news, leading to the current pullback as the market digests recent gains.