Drone Firm EOS Shares Gyrate After Short Seller Response


A wave of government military investments around the world has bolstered defense shares over the past year. In Australia, retail investors have been buying small-cap firms tied to the theme. EOS, which manufactures remote weapons, counter-drone and space intelligence systems, has spiked about 350% in the last 12 months, while peer DroneShield Ltd. has rallied more than 400%.



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