🟢 Ocean Power Technologies is trading 6.18% up in after-hours trading after larger-than-expected loss and strategic review

Ocean Power Technologies is trading 6.18% up in after-hours trading at $1.97 after investors reassessed its earnings miss and strategic review.

• It closed at $1.85 on September 16, 2026.
• Its September 14 fiscal 2027 first-quarter release reported a substantially larger-than-expected loss, leadership changes, and a board review of strategic alternatives.
• The company completed a 1-for-30 reverse stock split effective September 14.