Kraken Robotics Look Great - Now They Are Collapsing Just when things were looking great for Kraken Robotics as their share price reached a record high at $1.15 a share, now things are getting worse as opposed to better as the share price has lost 13 cents a share over the last few weeks, over a 10% decline.
With two Buy recommendations and projected share price at $1.40 a share, I thought that things were looking great for Kraken Robotics?
Furthermore, with several major wars now going on, including Russo Ukrainian War, Israel Hamas War, Iranian Israel War, and the Red Sea Crisis, you expect Oceanic Robotics equipment to be in high demand, which is not the case.
With several wars now taking place, Oceanic Robotics companies like Kraken Robotics would see their share prices go up, not down.