Precipio is trading 8.26% down in pre-market at $27.00 after no new company-specific explanation for the August 21 decline was identified; profit-taking or unexplained short-term trading appears more likely than broad market weakness.
- Up 5.67% to $29.43 on August 20 and 12.80% to $27.85 on August 19.
- August 14 results, discussed August 17, showed record Q2 revenue of $7.0 million and positive adjusted EBITDA.
- S&P 500, Nasdaq, and Dow futures were higher; confidence is low.