Ocean Power Technologies is trading 7.7% up at $1.93 after investors reassessed the September 14 fiscal 2027 first-quarter results and strategic-alternatives review.
- Revenue rose 44% to $1.7 million; net loss was $10.537 million, and cash stood at $7.4 million.
- The stock remains highly volatile after reverse-split-adjusted swings, including declines on September 15 and September 16.
- Major U.S. indexes are higher on September 17, supporting broader risk-on trading.