LightPath Technologies Inc is trading 5.6% down at $14.19 amid heavy volume and profit-taking following a massive multi-month rally.
- Recent filings show major holder North Run Strategic Opportunities Fund sold approximately $9.1 million of shares in late May at prices between $12.01 and $13.18.
- The selling pressure has impacted investor sentiment as the market looks to lock in gains following a roughly 400% surge from prior levels.