Thursday May 17 | SBWire
3 Stocks Under $3 to Watch: ORYN, SCON, CTCH
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Rodman & Renshaw Now Covering Superconductor Techn
The firm set a "market perform" rating on the stock. Superconductor Techn opened at 0.67 on Wednesday.
Superconductor's Q1 revenue drops
The Austin-based company reported Tuesday first-quarter loss of $3 million on revenue of $399,000 compared with a $3.7 million loss on revenue of $1.6 million during the same quarter last year.
Superconductor receives Nasdaq warning to regain compliance
The Austin-based tech company has been notified by the Nasdaq Stock Market that its common stock bid price has fallen below $1 for a period of 30 consecutive business days.