🟢 Ocean Power Technologies is trading 6.2% up in pre-market after PowerBuoy Mini selected for government exercise

Ocean Power Technologies is trading at $0.74 (+6.21%) in pre-market after PowerBuoy Mini was selected for a U.S. Government operational exercise.

• The device will be evaluated in a mission-relevant setting; selection is not a contract award or procurement decision.
• Shares fell 17.91% in the October 12 session, after several declines in the recent price history.
• No separate October 13 announcement appeared in the company’s release list.