Will the DroneShield share price ever make it back above $2?
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Earlier this year, the DroneShield Ltd (ASX: DRO) share price seemed unstoppable. It soared to an all-time high of $2.72 in mid-July, stretching up from lows of 33 cents just six months prior.
The ASX counter-drone technology company now finds itself trading at just 76 cents apiece on Friday, 72% below its record high.
Zooming out, though, the stock has still more than doubled in value this year to date, despite the sharp selloff from July.
What’s next for the DroneShield share price? Will it reclaim its former glory? Or is this as good as it gets? Let’s see what the experts say.
What’s driving the DroneShield share price plunge?
The DroneShield share price has had a volatile year, losing significant ground…
