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Why is UMAC stock down 9% in today’s pre-market?
short by / on Friday, 20 March, 2026
Unusual Machines (UMAC) stock dropped over 9% in pre-market trading after pricing a $150 million public offering at a discount. The company will issue 8.8 million shares at $17 each, a price more than 9% below Thursday's close. The offering includes a strategic investment from Ondas Inc, turning retail sentiment bearish.
read more at Stocktwits