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Why Unusual Machines Stock Rocketed Higher This Week

TheMotleyFool

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Why Unusual Machines Stock Rocketed Higher This Week: https://g.foolcdn.com/editorial/images/867139/investor-examines-financial-chart-on-laptop.jpg

After descending more than 9% in March, shares of Unusual Machines (NYSEMKT: UMAC) have regained some altitude recently. According to data provided by S&P Global Market Intelligence, Unusual Machines' stock rose 4% from the close of last Friday's market session through the end of trading yesterday, retreating from a more substantial rise of 14.5% that it had logged as of the end of trading on Thursday.

The primary catalyst for the stock's rise is the company's announcement this week of a substantial order.

Image source: Getty Images.

Source Fool.com

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