Ondas jumps 11%, extending Monday's rally

Seeking Alpha ·

Shares of Ondas Inc. ( ONDS ) surged about 11% on Tuesday, adding to gains posted the previous session following the announcement of a contract win. Headed into the closing bell, ONDS had climbed 73 cents to $7.60.

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Ondas Holdings (ONDS) shares surged about 11% in Tuesday's trading, extending the previous session's gains, driven by news of new contract wins. Just before the market close, ONDS rose by 73 cents to $7.60, forming a steep upward trajectory. This contract achievement heightened expectations for improved corporate performance and strongly stimulated short-term momentum. Investors should closely monitor additional order momentum and the securing of earnings visibility.

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