tiprankstipranks
Trending News
More News >

JPMorgan Chase Increases Stake in DroneShield Limited

Story Highlights
JPMorgan Chase Increases Stake in DroneShield Limited

DroneShield Limited ( (AU:DRO) ) just unveiled an update.

JPMorgan Chase & Co. and its affiliates have increased their voting power in DroneShield Limited from 5.29% to 6.34%, reflecting a significant change in their substantial holding. This change indicates a growing interest and investment in DroneShield, potentially enhancing the company’s market position and influence among stakeholders.

More about DroneShield Limited

DroneShield Limited operates in the defense and security industry, specializing in the development and production of advanced drone detection and mitigation technologies. The company focuses on providing solutions to counter unmanned aerial threats, catering to military, government, and commercial markets globally.

YTD Price Performance: 24.26%

Average Trading Volume: 241,147

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $474.3M

See more data about DRO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App