Duke Robotics starts Nasdaq trading, DUKR slides under deal price
Duke Robotics Corp. was last at $7.02 Friday in early Nasdaq trading, falling under its recent $8.20 offering price. The drone maker’s shares moved between $6.80 and $7.23, according to Investing.com. Investors are looking at new funding while the company’s short-term numbers stay slim. DUKR is in the early stage of trading on Nasdaq. Duke finished a $9.2 million underwritten public offering on May 18, selling 1,125,000 units that each included a common share and a warrant—letting investors buy a share down the line at a fixed price. Both the stock and warrants started to trade on Nasdaq on May 15 under the tickers DUKR and DUKRW.