Ocean Power Technologies is trading at $0.75, up 10.08% in after-hours trading, with the gain plausibly linked to its PowerBuoy Mini exercise-selection announcement.
- Announced October 12, the selection was for a U.S. Government operational exercise.
- The evaluation is not a contract award or procurement decision and does not guarantee future business.
- After-hours volume was unavailable; broad indexes were mixed, with no strong same-direction move apparent in the supplied context.