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Stock Market Today, Jan. 20: Ondas' Strong 2026 Outlook Impresses Analysts
Ondas (NASDAQ:ONDS), a provider of autonomous drone infrastructure, artificial intelligence, and automated data solutions, closed Tuesday at $13.13, up 8.18%. The stock moved higher during the regular session as multiple firms raised price targets following Ondas’ 2026 revenue forecast increase.
Trading volume reached 148.9 million shares, coming in about 55% above compared with its three-month average of 96.4 million shares. Ondas IPO'd in 2020 and has grown 120% since going public.
The S&P 500 (SNPINDEX:^GSPC) fell 2.06% to finish Tuesday at 6,797, while the Nasdaq Composite (NASDAQINDEX:^IXIC) lost 2.39% to close at 22,954. Industry peers Ciena (NYSE:CIEN) closed at $241.21, down 0.91%, and Lumentum (NASDAQ:LITE) ended at $356.83, gaining 10.05%, underscoring mixed sentiment.
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