Advertisement
UK markets close in 5 hours 38 minutes
  • FTSE 100

    8,052.70
    +28.83 (+0.36%)
     
  • FTSE 250

    19,687.23
    +87.84 (+0.45%)
     
  • AIM

    752.53
    +3.35 (+0.45%)
     
  • GBP/EUR

    1.1594
    +0.0005 (+0.04%)
     
  • GBP/USD

    1.2357
    +0.0006 (+0.05%)
     
  • Bitcoin GBP

    53,535.38
    +202.10 (+0.38%)
     
  • CMC Crypto 200

    1,421.91
    +7.15 (+0.50%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CRUDE OIL

    82.18
    +0.28 (+0.34%)
     
  • GOLD FUTURES

    2,311.90
    -34.50 (-1.47%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     
  • DAX

    17,997.03
    +136.23 (+0.76%)
     
  • CAC 40

    8,069.95
    +29.59 (+0.37%)
     

Why MicroVision Shares Are Cratering Today

Why MicroVision Shares Are Cratering Today

Shares of lidar (light detection and ranging) technology outfit MicroVision (NASDAQ: MVIS) are down nearly 20% as of midday Friday following the release of its fiscal Q3 results. The company's top and bottom lines both missed analyst estimates, extending and rekindling a pullback that's been underway since June's peak. For the three-month stretch ending in September, MicroVision lost $9.3 million on $718 million worth of revenue.