🔴 Ocean Power Technologies is trading 5.71% down in after-hours trading after 1-for-30 reverse split began

Ocean Power Technologies is trading 5.71% down at $2.56 after split-adjusted trading began on September 14, 2026.

• The 1-for-30 reverse split reduced approximately 270.1 million shares to 9.1 million and was intended to improve share price, marketability, and liquidity.
• The company announced leadership changes, including its CEO’s departure, but did not explicitly link them to the stock move.