Are SVB taking Kraken Robotics for a ride? Kraken Robotics recently had a great ride, but for some strange reason, their stock is being punished for no reason as its down over 4 cents a share.
With the stock plummeting for no reason, I'm starting to suspect that the SVB (Silicon Valley Bank) collapse may have something to do with it.
As for investors, stop equating Silicon Valley Bank with Kraken Robotics.