After a sharp selloff on Thursday, drone-related stocks like Unusual Machines, Ondas Holdings, and Kratos Defense showed partial recovery on Friday, with Unusual Machines up 7%, Ondas Holdings up 4%, and Kratos Defense up 3%. The rebound is driven by market sentiment rather than company-specific news, reflecting high beta trading where volatile small-cap defense-tech stocks amplify index moves. Despite the bounce, the recovery is uneven and partial, with Unusual Machines leading year-to-date gains while Ondas and Kratos remain down. Investors should watch if this sentiment-driven bounce holds into next week, as these stocks can quickly reverse without new catalysts.
Wedbush increased its price target for Scholar Rock to $64 from $58 and kept an "Outperform" rating ahead of the FDA's September 30 decision on Scholar Rock's investigational SMA drug, apitegromab. This drug could be the first muscle-targeted therapy...
IM Cannabis Corp., a medical cannabis company operating in Israel and Germany, will conduct a 1-for-30 reverse stock split on August 27, 2026. This move aims to increase its share price, currently at $0.11, to meet the Nasdaq Capital Market's minimum...
Buckle, Inc. reported strong Q2 earnings with an EPS of $0.87, surpassing analyst estimates of $0.81, and revenue of $319.82 million, slightly above expectations. The company saw a 4.6% increase in net sales, driven by growth in both comparable-store...
KE Holdings Inc. reported Q2 2026 earnings with an EPS of $0.42, surpassing the $0.31 consensus estimate. Although revenue declined 5.7% year-over-year to about $3.60 billion, the company doubled its net income thanks to effective cost controls and o...
Harbor Diversified likely holds about $3.67 per share in net cash and securities after selling off Air Wisconsin and aviation assets. Despite this, its stock trades at a 50% discount to net cash, reflecting investor uncertainty about how the company ...
