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Why Kopin Stock Is Falling Today

TheMotleyFool

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Shares of Kopin Corporation (NASDAQ: KOPN), a maker of wearable technology components, were tumbling this morning after the company reported worse-than-expected fourth-quarter 2021 results.

The tech stock fell by more than 10% this morning and was down by 5% as of 10:45 a.m. ET.

Kopin reported fourth-quarter sales of $13.2 million -- a decrease of 5.7% from the year-ago quarter. Investors are always disappointed when revenue falls on a year-over-basis, but things looked even worse with the company's earnings.

Source Fool.com

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