Ocean Power Technologies is trading 6.78% down at $2.54. The decline follows the company's fiscal Q1 2027 earnings report, which revealed a significantly wider net loss of $10.5 million and an EPS miss. This comes as the stock experiences post-split volatility, with split-adjusted trading beginning on September 14, 2026, after a 1-for-30 reverse split aimed at improving marketability and liquidity.