Drone Stocks Show Resilience Amid Tech Sell-Off
Drone stocks displayed resilience Tuesday, largely sidestepping a broader Nasdaq sell-off that impacted AI hardware. While AeroVironment saw a dip, Red Cat and Ondas traded near flat, underscoring revenue streams tied to government budgets rather than AI capital expenditures. This divergence highlights sector rotation dynamics as investors reassess growth drivers.
$AVAV+WL / $RCAT+WL: drone names holding up while broader tech sells off is the relative-strength tape. Not financial advice.