🟢 Ocean Power Technologies is trading 6.4% up in after-hours trading

Ocean Power Technologies is trading 6.4% up in after-hours at $1.09; no direct cause for the move has been established.

• The stock closed the October 2 regular session at $1.02.
• No company-specific announcement dated October 2 was listed in the company’s news releases; the latest release shown was September 21.
• Broader markets advanced after weaker-than-expected September payrolls reduced expectations of a near-term Federal Reserve rate hike; this may be context for the move.