LightPath Technologies is trading at $9.82 (-10.07%) as it gives back gains from its recent rebound following the July 24 China subsidiary sale announcement.
- The decline appears to be a mix of profit-taking and a reversal of the earlier rally, as no new company-specific announcements were released this morning.
- The stock is also facing pressure from a broader sell-off in the technology sector, with the Nasdaq Composite down 1.10% and semiconductor stocks trading lower on July 28.