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Why is Knightscope Inc (KSCP) Stock down?

We've noticed a 6.61% decline in Knightscope Inc (KSCP) stock during the 2024-05-07 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
14 Nov, 2023:

Knightscope Inc Stock (KSCP) dropped by 7.05% from $0.699 to $0.6497 in the trading on Tuesday November 14, 2023. The reason why KSCP stock down today is due to its Q3 earnings results. Knightscope (KSCP) reported third quarter EPS of $-0.11, worse than the analyst estimate of $-0.10. Revenue for the quarter came in at $3.32M versus the consensus estimate of $2.9M. The EPS figure below the consensus worried the investors, causing KSCP stock down today.

25 Oct, 2023:

Knightscope Inc Stock (KSCP) dropped by 5.99% from $0.8350 to $0.7850 in the trading on Wednesday October 25, 2023. The reasons why KSCP stock down today is due to the announcement of bond offering. Knightscope is offering a $10 million public safety infrastructure bond, enabling retail investors to join the fight against crime while earning a return on their investment. This non-dilutive funding source will support Knightscope's continued growth and expansion.

17 Jul, 2023:

Knightscope Inc (KSCP) declined 23.1% from $2.16 to $1.66, triggered by a critical report from Capybara Research. The report raises concerns about the company’s financial situation, specifically highlighting the possibility of extensive dilution and a negative cash position.

https://beststocks.com/knightscope-faces-stock-decline-and-criticism/

29 Jun, 2023:

Shares of Knightscope Inc (KSCP) were down 26.7% from $0.6999 to $0.5133 after the company announced that it has extinguished $6.075 million in convertible notes.

https://www.stocktitan.net/news/KSCP/knightscope-repays-in-full-6-million-of-convertible-pt5qvisyau6t.html

$2.37
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$44.73
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security_protection_services CXW
$15.42
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security_protection_services GEO
$13.61
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security_protection_services BRC
$61.30
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$21.46
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