Why Unusual Machines Stock Soared 15% Higher This Week

Unusual Machines (NYSEMKT: UMAC) stock had a five-day trading stretch that was unusual in a good way. Encouraged by very bullish comments from the drone component maker's leader, investors piled into the stock, sending it up by double digits. Over the course of the week, according to data compiled by S&P Global Market Intelligence, Unusual Machines' stock ballooned more than 15% higher in price. On Tuesday, White Diamond Research conducted an interview with Unusual Machines CEO Allan Evans. In the conversation, Evans repeatedly emphasized that the company's wares are in extremely high demand, not least because of the two leading wars in the world. But even if those were to end, the company would still be operating at a high pitch. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool