KOPN Stock Drops 5% Amidst Industry Gains

Author's Avatar
Dec 09, 2024
Article's Main Image

Kopin Corporation (KOPN, Financial) experienced a significant 5% drop in stock price, trading at $1.14 per share with a volume of 1.179 million shares. The company's recent financial report showed revenue of $13.32 million and a net loss of $3.46 million, resulting in an earnings per share of -$0.03 and a negative P/E ratio of 2.82. Despite this, all four rating institutions recommend buying the stock.

Within the electronic components sector, which saw a 1.25% rise, other stocks like Interlink Electronics and Syntec Optics Holdings showed notable gains. Kopin Corporation specializes in high-performance optical solutions for military and aerospace applications, with the majority of its revenue generated in the Americas.

Disclosures

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.