BNKK Revenue Jumps, Bonk Stock Sinks
Bonk, Inc. shares fell 4.1% to $1.63 Wednesday, extending a two-day drop to 13% despite first-quarter revenue jumping to $4.34 million from $42,101 a year ago. The company reported a GAAP net loss of $1.83 million and ended March with $728,907 in cash, warning of “substantial doubt” about its ability to continue as a going concern.