10 Stocks Crash Harder than Wall Street

8. Ondas Holdings Inc. (NASDAQ:ONDS)

Ondas Holdings extended its losing streak to a 5th straight day on Wednesday, shedding 8.65 percent to close at $9.51 apiece as investors continued booking profits amid this month’s rapid surge.

In the past trading days of October alone, Ondas Holdings Inc. (NASDAQ:ONDS) has already jumped by as much as 51.5 percent, but a selling spree dragged down sentiment to clock just a 23 percent gain month-to-date.

In recent developments, Ondas Holdings Inc. (NASDAQ:ONDS) officially launched on Wednesday a new business unit that would focus on investing in global defense and security technologies, including unmanned and AI systems.

Called Ondas Capital, the subsidiary allocated up to $150 million over the next two years to assist in accelerating the transition of proven unmanned and autonomous technologies into US and European production, with investments anticipated to begin in late 2025.

In other news, Ondas Holdings Inc. (NASDAQ:ONDS) expanded its partnership with Rift Dynamics to include Nammo Raufoss AS—a leading Norway-based global provider of advanced munitions with a strong manufacturing presence in the US—to collaborate for the development of Wasp drones with munition payloads, to be sold exclusively in the United States.

The integration of Nammo’s warheads with Rift’s Wasp platform delivers a turnkey, NDAA-compliant attritable drone system designed for rapid scale-up and mass deployment. Customers benefit from a single-source solution that combines airframe, munition, and control systems into one package—reducing procurement complexity, improving cost efficiency, and ensuring operational performance in the field.

7. MP Materials Corp. (NYSE:MP)

MP Materials snapped a four-day winning streak on Wednesday, losing 8.92 percent to close at $89.85 apiece as investors resorted to profit-taking following the previous day’s surge.

In just the past four trading days, shares of MP Materials Corp. (NYSE:MP) have jumped by as much as 42 percent. Month-to-date, it was up by 34 percent.

The previous days’ rally was due to a recent trade spat between the US and China amid the latter’s new export curbs on rare earth imports that sparked fears of global supplies. However, the tensions benefited US rare earth producers, including MP Materials Corp. (NYSE:MP), on investor expectations that consumers would look elsewhere to secure supply.

MP Materials Corp. (NYSE:MP) recently clinched a partnership with the US government through the Department of Defense, with the latter acquiring a 15 percent stake in the company for $400 million.

The transaction covered the purchase of preferred shares, in addition to warrants convertible to $30.03 per share for 10 years, that would allow the government to purchase additional common stock.