🔴 Ocean Power Technologies is trading 5% down

Ocean Power Technologies is trading 5% down at $0.85 on October 9, 2026; no company-specific announcement clearly explains the intraday decline.

• On October 8, the company announced a Naval Postgraduate School order for a WAM-V 8; available coverage does not link the news to today’s drop.
• The decline follows a sharp technology-sector selloff on October 8. Technology stocks stabilized on October 9, but that context alone does not establish the cause of the move.