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Bullboard - Stock Discussion Forum Kraken Robotics Inc V.PNG

Alternate Symbol(s):  KRKNF

Kraken Robotics Inc. is a Canada-based marine technology company providing complex subsea sensors, batteries, and robotic systems. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in oceans. The Company operates through two segments: Products and Services. The Products segment is engaged in the design... see more

TSXV:PNG - Post Discussion

Kraken Robotics Inc > Kraken Robotics Is Getting "Candlepinned" Again
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Post by NLMoose on Jun 03, 2024 12:26pm

Kraken Robotics Is Getting "Candlepinned" Again

Looks like Kraken Robotics are being punished for posting record high revenues and profits as their stock price has plummeted around 5% today, dipping from $1.02 a share to 97 cents a share.

Talk about a bad case of Candlepinning again as they are getting punished for producing great results.

Its almost like a Candlepin Bowler getting punished for shooting a perfect "Brooklyn Side Shot" with one pin left out or even a Spread Eagle as opposed to a strike.

If there was any justice whatsoever, Kraken Robotics shares would be trading around $1.15 a share, not a mere 97 cents a share.

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