Streetbeat News

UMAC

Unusual Machines, Inc.

https://www.unusualmachines.com

Industry

Shell Companies

Unusual Machines, Inc. designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It also operates a drone-focused e-commerce marketplace. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc. in July 2022. Unusual Machines, Inc. was incorporated in 2019 and is based in San Juan, Puerto Rico.

Open

2.74

Mkt cap

18M

Volume

61K

High

2.97

P/E Ratio

-10.48

52-wk high

5.54

Low

2.74

Div yield

N/A

52-wk low

0.98

Unusual Machines has announced the launch of the Rotor Riot Brave F7 Flight Controller, a new product aimed at enhancing drone performance.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:11 pm

Unusual Machines has announced a partnership with Red Cat to provide the first drone and components for the FANG line of FPV systems. This partnership emphasizes their commitment to onshoring production and FPV technology expertise.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 12:07 pm

The article highlights the pre-market movements of several information technology stocks on Monday. Notable gainers include Schmid Group (SHMD), Quantum (QMCO), EMCORE (EMKR), Ostin Technology Group (OST), Unusual Machines (UMAC), and GCT Semiconductor Holdings (GCTS). On the losing side, Hitek Global (HKIT), HeartCore Enterprises (HTCR), Spectaire Holdings (SPEC), Next Technology Holding (NXTT), QXO (QXO), and Mobilicom (MOB) saw declines.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 12:07 pm

ThinkEquity has initiated coverage on Unusual Machines (AMEX:UMAC) with a Buy rating and a price target of $4, as announced by analyst Ashok Kumar.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 10:44 am

The article highlights the intraday movements of various information technology stocks on Wednesday. Notable gainers include CCSC Technology (CCTG), Mawson Infra Gr (MIGI), GCT Semiconductor Hldgs (GCTS), Spectaire Holdings (SPEC), MMTEC (MTC), and Nvni Group (NVNI). On the losing side, U-BX Technology (UBXG), Oblong (OBLG), Unusual Machines (UMAC), Presto Automation (PRST), X3 Holdings (XTKG), and SmartKem (SMTK) saw significant declines.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 4:30 pm

The article highlights the performance of various Information Technology stocks during Thursday's after-market session. Notable gainers include Braze (BRZE), XIAO-I (AIXI), and Infinera (INFN), while significant losers include Samsara (IOT) and DocuSign (DOCU). The movements are largely influenced by the release of Q1 earnings reports.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 8:31 pm

The article highlights the performance of various Information Technology stocks during Wednesday's after-market session. Smartsheet (SMAR) saw a significant increase of 9.3% following its Q1 earnings report. Sprinklr (CXM) experienced a notable decline of 15.6% after releasing its Q1 earnings report.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 8:31 pm

Lands' End, Inc. (NASDAQ:LE) shares fell 9.3% to $12.60 after reporting a quarterly adjusted loss of 20 cents per share, which beat the analyst consensus estimate of 26 cents per share. The company also reported quarterly sales of $285.47 million, surpassing the analyst consensus estimate of $269.82 million. Other notable stock movements include Actelis Networks, Inc. (NASDAQ:ASNS) jumping 512% after announcing orders for cyber-hardened networking technology, and WalkMe Ltd. (NASDAQ:WKME) gaining 42.1% after entering into a definitive agreement to be acquired by SAP.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 5:04 pm

The article highlights the intraday movements of 12 information technology stocks on Wednesday. Actelis Networks (ASNS) saw a significant increase of 646.8%, while MicroAlgo (MLGO) experienced a sharp decline of 41.3%. Other notable gainers include CalAmp (CAMP) and Verint Systems (VRNT), while Sobr Safe (SOBR) and NiSun Intl Enterprise Dev (NISN) were among the major losers.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:30 pm

The article highlights the intraday movements of various information technology stocks on Friday. Key gainers include Brand Engagement Network (BNAI), FOXO Technologies (FOXO), Ambarella (AMBA), Unusual Machines (UMAC), Neonode (NEON), and Saverone 2014 (SVRE). Key losers include MongoDB (MDB), Dell Technologies (DELL), Sobr Safe (SOBR), Maxeon Solar Technologies (MAXN), SentinelOne (S), and Cyngn (CYN).

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 4:31 pm

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