LightPath Technologies is trading at $10.02 (-7.97%) today, giving back gains from a sharp rebound that followed the company's recent China exit news.
- The stock previously fell 12.45% on July 24 when the company first disclosed plans to sell its China subsidiary, and the subsequent recovery has now reversed.
- Broader semiconductor sector weakness is adding further pressure, as shares across the industry face headwinds from AI-spending concerns and a lower Nasdaq open.