What Happened To Kraken Robotics Shares? Kraken Roboitcs shares looked very promising this morning as it was trading at nearly $1.60 a share, but has now plunged below $1.50 a share to $1.48 a share for no reason.
That's a decline of 11-12 cents a share from its peak price today.
With a big backlog of orders for their batteries and robotics equipment at over $1 billion, I was hoping for Kraken Robotics shares to go up over $1.60 a share, not below a $1.50 a share.
What went wrong for Kraken Roboitcs?
Let's hope the stock bounces back into its new optimal price from Labour Day weekend and into the fall.
In other words, Kraken should be going up not down.