ClearOne Communications (CLRO) Stock Dips Amidst Industry Decline

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Dec 13, 2024
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ClearOne Communications (CLRO, Financial) experienced a significant stock drop of 5.52%, with shares priced at $0.534. The trading volume reached 5,280 shares, resulting in a turnover rate of 0.02% and a price fluctuation of 2.92%. Recent financial reports show an operating income of $2.50 million, a net loss of $2.06 million, and earnings per share of -$0.09. The company has a gross profit of $612,000 and a negative P/E ratio of 3.31. Currently, there are no institutional ratings for the stock.

In the communications sector, which saw an overall decline of 0.17%, other stocks like Amplitech Group and Siyata Mobile showed notable activity and gains.

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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.