Ondas (ONDS) drops 13.52% for August 16

Today, shares of Ondas Holdings Inc (NASDAQ: ONDS) fell $ 1.03, down 13.52%. Ondas opened at $ 7.31 before trading between $ 7.40 and $ 6.47 throughout Monday’s session. The market capitalization of Ondas fell to $ 224,271,144 per 1,150,551 shares – over 30 – their daily value of 298,470.

About Ondas Holdings Inc.

Ondas Holdings Inc., through its wholly-owned subsidiary, Ondas Networks Inc., is a developer of privately licensed wireless data networks for critical industrial markets. The company designs and manufactures its multi-patented, software-defined radio (SDR) application platform for mission-critical IoT (MC-IoT) applications. Ondas Networks’ end customers include utilities, oil and gas, transportation and government, whose requirements cover a wide range of critical applications that require secure communication in large and diverse geographical areas, many of which are in challenging radio frequency environments. Customers use the Company’s SDR technology to deploy their own privately licensed broadband wireless networks. The company also offers critical entities the ability to manage a network service. Ondas Networks’ SDR technology supports IEEE 802.16s, the new global standard for privately licensed industrial networks in a wide area.

Visit The profile of Ondas Holdings Inc. For more information.

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To get more information about Ondas Holdings Inc and to follow the latest company updates, you can visit the company profile page here: The profile of Ondas Holdings Inc.. For more news on the financial markets be sure to visit Stock news. Also, be sure to sign up for Daily Fix to receive the best stories in your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15-minute delayed prices. All other data is provided by IEX Cloud at 20:05 ET on the day of publication.

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