T3 Defense is trading 6.4% down at $34.24 after continued fallout from Fugazi Research’s bearish report.
- The report questioned the company’s losses, liquidity, reverse-split plans and acquisition strategy.
- It highlighted $3.6 million in first-quarter revenue against a $26.3 million net loss and limited cash runway.
- The decline follows additional weakness on August 11, while broader markets are modestly higher.