Ondas Holdings Inc. is trading 5% down at $9.79 as the stock extends a multi-session pullback from late-May highs, pressured by recent insider selling and a resale registration overhang.

  • Shares are undergoing continued consolidation and profit-taking following a sharp rally in May, diverging from the broader market which is currently ticking higher.

  • Market sentiment remains weighed down by trader caution regarding additional share supply entering the market from registered shares.