ONDS stock rises to $7.60 after securing a new contract, building on Monday’s gains in active trading.
Ondas Inc. (ONDS) shares jumped 11% on Tuesday, continuing a rally sparked by a recent contract announcement. The stock added 73 cents to close at $7.60, extending Monday’s gains.
The surge follows Ondas’s disclosure of a new contract win, though details of the agreement remain undisclosed. Trading volume surged as investors reacted to the news, marking the second consecutive session of double-digit percentage gains.
Market reaction was immediate, with ONDS outperforming peers in the small-cap tech sector. The stock’s momentum reflects growing investor confidence in the company’s growth prospects.