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Red Cat Sinks 6% as Speculative Drone Names Extend Month-Long Slide; Unusual Machines Drops 4%, AeroVironment Barely Budges
Source: 247wallst.com
Infrastructure & DefenseMarket Technicals & FlowsInvestor Sentiment & Positioning
Speculative drone stocks continued a month-long drift lower, signaling weak sector momentum despite a modestly positive session. The REX Drone ETF (DRNZ) rose 0.3% to $20.37 Wednesday morning, but the limited gain does little to offset the broader recent decline.
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