Glimpse Group Inc (VRAR)

Overview News Price History Option Chain Financials Why VRAR Down? Discussions Forecast

Why is Glimpse Group Inc (VRAR) Stock down?

We've noticed a 5.93% decline in Glimpse Group Inc (VRAR) stock during the 2024-05-08 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!

13 Dec, 2023:

Shares of the Glimpse Group, Inc. dropped by 20.42% from $1.42 to $1.13 in the trading on Wednesday, December 13, 2023. The reason why VRAR down today is due to weaker-than-expected Q3 results which contributed to a decline in its stock price. Revenue for the quarter came in at $2.27 million compared to the estimated $3.37 million. Despite growth in its platform business, hardware sales fell significantly year-over-year due to supply chain issues.

29 Sep, 2023:

The Glimpse Group, Inc. (VRAR) shares dipped 43.4% to $1.84 after the company reported a wider FY23 loss. The bad news for Glimpse stock comes from its revenue of $2.9 million for the current quarter. That’s below the $4 million in revenue that Wall Street was expecting.

https://investorplace.com/2023/09/why-is-glimpse-vrar-stock-down-43-today/