Wrap Technologies is trading 8.5% down today at $2.25 as investors lock in profits following a sharp multi-day rally driven by strong international order momentum.
- The company recently booked $1.2 million in international orders for Q3, contributing to a 46% gain over the past week and a 65% increase over the past year.
- Today’s decline appears to be a natural pullback after the recent surge, further influenced by broader weakness across the technology sector.