Draganfly is trading 5.00% down at $4.18, with available reporting not identifying a specific cause for the October 12 move.
- The decline continues from the October 9 close of $4.40.
- On October 12, Draganfly announced a U.S. defense subsidiary and appointed former Acting Navy Secretary Thomas Modly as its chairman; the announcement did not connect the initiative to the share-price decline.
- Broader indices were mixed, providing no clear explanation for the drop.