ONDS is trading 10% down at $11.93 as investors lock in gains following a rapid multi-day rally.
- The stock is undergoing a technical pullback after surging more than 30% over the last three sessions, rising from under $10 to a peak above $13.
- The move appears driven by short-term valuation reassessment rather than negative company-specific catalysts, as broader market indices are trading modestly higher.