MVIS Stock Drops Amid Volatility in Tech Instruments Sector

Dec 12, 2024

Microvision Inc. (MVIS, Financial) experienced a significant stock drop of 5.11%, trading at $0.832 per share with a volume of 2.058 million shares. The company's recent financial report revealed revenue of $190,000, a net loss of $15.52 million, and an earnings per share of -$0.07. The gross profit stood at -$2.07 million, with a P/E ratio of -1.98. No institutional ratings are currently available for MVIS.

Within the tech instruments sector, which saw an overall decline of 0.16%, stocks like Wrap Technologies and Know Labs, Inc. showed notable gains. Microvision specializes in developing laser scanning technology for automotive safety and autonomous driving applications, as well as augmented reality and interactive displays.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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