Optical Cable is trading 10.06% down at $13.15 after investors appeared to discount strong third-quarter results amid concerns about forward visibility.
- Revenue rose 22% to $24.3 million; net income reached $1.9 million, or $0.21 per share.
- Coverage cited limited detailed forward guidance and optical-fiber shortage concerns. Broader technology weakness and market-wide rate anxiety are adding pressure.
- Trading activity is elevated relative to the recent price trend, but reliable intraday volume data was unavailable.