Ondas (NASDAQ:ONDS) closed Friday at $11.02, up 12.91%, with trading volume at 134.2 million shares. The company reported new defense-related orders and announced a rebranding and headquarters move. Ondas IPO’d in 2020 and has grown 85% since. The S&P 500 added 0.19% to close at 6,858, while the Nasdaq Composite slipped 0.03% to 23,236. Industry peers AeroVironment and Draganfly gained on demand for autonomous platforms. Ondas is up over 20% in the past five days, with $10 million in new orders for autonomous systems.

Source: https://www.fool.com/investing/2023/01/13/why-ondas-stock-jumped-today/

Read more at Nasdaq: Stock Market Today, Jan. 2: Here’s Why Ondas Gained Over 20% This Week