Geopolitics Alpha

Ondas Drops 5% as Drone Stocks Slide; Unusual Machines Falls 6%, Red Cat Declines 4%

Published . Updated .

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DEFENSEOndas Drops 5% as Drone StocksSlide; Unusual Machines Falls 6%,Red Cat Declines 4%ONDSUMACGEOPOLITICS ALPHA

This report is about defense.

Directly affected

  • ONDS Ondas

    Named in this report.

  • UMAC Unusual Machines

    Named in this report.

Indirectly affected

  • ITA iShares U.S. Aerospace & Defense ETF

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “drone” (defense) in this story.

  • XAR SPDR S&P Aerospace & Defense ETF

    SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “drone” (defense) in this story.

  • XLK Technology Select Sector SPDR

    Technology Select Sector SPDR holds the technology sector that Ondas belongs to, so it often moves with news about it.

  • QCOM Qualcomm

    Qualcomm is a peer of Ondas in radio and tv broadcasting and communications equipment; rivals often move on the same news.

  • MSI Motorola Solutions

    Motorola Solutions is a peer of Ondas in radio and tv broadcasting and communications equipment; rivals often move on the same news.

  • PL Planet Labs PBC

    Planet Labs PBC is a peer of Ondas in radio and tv broadcasting and communications equipment; rivals often move on the same news.

  • NOK Nokia Oyj

    Nokia Oyj is a peer of Ondas in radio and tv broadcasting and communications equipment; rivals often move on the same news.

  • ERIC Telefonaktiebolaget LM Ericsson (publ)

    Telefonaktiebolaget LM Ericsson (publ) is a peer of Ondas in radio and tv broadcasting and communications equipment; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ONDS+0.00%+4.69%base-4.41%after closeafter closeafter close
UMAC+0.25%+6.32%base-5.05%after closeafter closeafter close
ITA-3.72%+1.00%base-0.47%after closeafter closeafter close
XAR-3.87%+1.41%base-1.49%after closeafter closeafter close
XLK-5.15%-2.75%base-3.36%after closeafter closeafter close
QCOM-6.48%-2.10%base-3.72%after closeafter closeafter close
MSI-3.09%-0.65%base+0.15%after closeafter closeafter close
PL-9.68%+2.73%base-2.05%after closeafter closeafter close
NOK-7.38%-0.18%base-3.33%after closeafter closeafter close
ERIC-3.34%+0.33%base-0.38%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Ondas Drops 5% as Drone Stocks Slide; Unusual Machines Falls 6%, Red Cat Declines 4% Yahoo Finance

Source: Yahoo Finance

Defense

CompanyWhenMoveStatus
ERICthat day-0.38%still updating
ERICthree days earlier+0.33%final price
ERICfive days earlier-3.34%final price
ITAthat day-0.47%still updating
ITAthree days earlier+1.00%final price
ITAfive days earlier-3.72%final price
MSIthat day+0.15%still updating
MSIthree days earlier-0.65%final price
MSIfive days earlier-3.09%final price
NOKthat day-3.33%still updating
NOKthree days earlier-0.18%final price
NOKfive days earlier-7.38%final price
ONDSthat day-4.41%still updating
ONDSthree days earlier+4.69%final price
ONDSfive days earlier0.00%final price
PLthat day-2.05%still updating
PLthree days earlier+2.73%final price
PLfive days earlier-9.68%final price
QCOMthat day-3.72%still updating
QCOMthree days earlier-2.10%final price
QCOMfive days earlier-6.48%final price
UMACthat day-5.05%still updating
UMACthree days earlier+6.32%final price
UMACfive days earlier+0.25%final price
XARthat day-1.49%still updating
XARthree days earlier+1.41%final price
XARfive days earlier-3.87%final price
XLKthat day-3.36%still updating
XLKthree days earlier-2.75%final price
XLKfive days earlier-5.15%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the defense case looks

12 out of 100Price not final

“Ondas Drops 5% as Drone Stocks Slide; Unusual Machines Falls 6%, Red Cat Declines 4%” scores 12 out of 100. The score uses 1 sources. The price is not final yet.