Why MicroVision Stock Dropped 13% This Morning
Investors in miniaturized digital imaging sensor-maker MicroVision (NASDAQ: MVIS) had a good day yesterday -- but are having a pretty bad day today. As of 12:15 p.m. EDT, MicroVision's share price has fallen 7.5%.
On Monday, MicroVision CEO Sumit Sharma was happy to announce that, with MicroVision's share price firmly back above the $1 level required to maintain a listing on the Nasdaq, MicroVision had "regained compliance" with the exchange's listing requirements and was no longer in any immediate danger of being delisted.
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Source Fool.com
