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Ondas Shares Slide Amid Auditor Change and Insider Selling

Ondas Shares Slide Amid Auditor Change and Insider Selling

Author:

Global Cryptocurrency

Published:

2026-01-22 09:52:02

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BTCCSquare news:

Ondas, Inc. (ONDS) shares fell 4.3% in after-hours trading as dual headwinds emerged: a strategic auditor transition and planned insider selling. The autonomy technology firm replaced Rosenberg Rich Baker Berman with BDO USA for fiscal 2026 audits, signaling operational maturation. Director RON Stern's filing to sell 100,000 shares added downward pressure.

Despite the dip, analysts highlight strong fundamentals in military drone and industrial autonomy segments. Trading volume surged to 148 million shares with notable volatility ($11.94-$14.29 range), suggesting institutional repositioning rather than sector-wide bearishness.

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