U.S. Stock Movement | Drone concept surged during trading, Ondas Holdings rose over 22%
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On Tuesday, the U.S. stock market saw a surge in drone concept stocks. As of the time of writing, Ondas Holdings rose over 22%, Archer Aviation rose over 5%, Joby Aviation rose over 6.7%, and Kratos Defense & Security Solutions rose over 3%. In terms of news, Ondas Holdings reported a sixfold increase in revenue for the second quarter, reaching $6.3 million, exceeding the FactSet survey analyst expectation of $5.8 million
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