$Unusual Machines(UMAC.US) dumped -11%, $Red Cat(RCAT.US) fell 6 points, and $Ondas(ONDS.US) saw a slight decline. The small cluster of drone stocks is marching neatly lower again. The defense order narrative was so lively two months ago, but the pullback was just as swift. That's the nature of high-volatility small caps: when they rally, you feel like you've grasped the industrial trend; when they crash, you're reminded that most of these companies still lack decent revenue streams 😭
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