Aeluma, Inc. (ALMU) shares fell 31.11% on May 14, 2026. The stock price dropped to $21.69. This decline followed a prior close of $31.49. High volatility followed the release of Q3 fiscal 2026 earnings on May 13, 2026.
The company reported a GAAP net loss of $1.8M. This result represents a reversal from a prior gain. The loss equates to $0.10 per share. Aeluma held $37.8M in cash as of March 31, 2026.
The stock's 52-week range spans from $10.20 to $31.79. Spiked trading volume suggests profit-taking after a previous earnings surge. No new company news emerged on May 14, but semiconductor sentiment cooled ahead of Applied Materials (AMAT) earnings.