Shares of Ondas Holdings Inc. (NASDAQ: ONDS) tumbled 5.04% in Monday's trading session, despite the company announcing a significant $8.2 million order from a major European security agency. The counter-UAS system contract, aimed at protecting one of Europe's largest airports, marks a notable expansion in Ondas' critical infrastructure defense sector.

The stock's decline comes as a surprise following last week's stellar third-quarter report, which saw Ondas' revenue skyrocket 582% year-over-year to $10.1 million. The company also raised its full-year 2025 revenue guidance to between $25 million and $36 million, bolstered by a robust $23.3 million backlog. Despite these positive developments, investors appear to be taking profits after last week's surge.

Market analysts suggest that macro-economic headwinds and broader market volatility are likely contributing to the selloff. Persistent inflationary pressures and recent hawkish comments from Federal Reserve officials have dampened investor enthusiasm, particularly affecting growth stocks like Ondas. As the market grapples with the possibility of delayed interest rate cuts, tech-heavy indices and growth stocks face increased pressure, overshadowing company-specific achievements in the short term.