VTIX is trading at $6.90, down 8.37% today as escalating Middle East conflict pushes Brent crude above $100 and triggers a broader market selloff.
- The decline tracks a wider market retreat, with the S&P 500 and NASDAQ down 0.73% and 0.80%, respectively, following the spike in energy costs.
- Virtuix recently reported mixed earnings results, including a 24% year-over-year Q3 revenue drop to $1.0 million, despite 41% growth in nine-month revenue to $3.0 million.
- The stock's extreme 12-month volatility of 268% and thin average daily volume of 247K shares continue to amplify its sensitivity to macroeconomic headwinds.