NASDAQ:KITT

Nauticus Robotics Stock Just Jumped — But a Reverse-Split Vote May Decide What Comes Next

Nauticus Robotics Stock Just Jumped — But a Reverse-Split Vote May Decide What Comes Next

Nauticus Robotics shares closed at $1.80 Friday, up 4.65%, after shareholders authorized the board to enact a reverse stock split at ratios from 1-for-5 to 1-for-250. Investors rejected a proposal to increase authorized shares. First-quarter revenue fell to $0.2 million, with a net loss of $9.3 million. No company events are scheduled for the coming week.
May 31, 2026

Stock Market Today

  • UK Mobile Connectivity Issues Affect 4 in 10 Users, Impacting Productivity
    May 31, 2026, 11:39 AM EDT. A survey reveals that over 40% of UK mobile users struggle to access 4G or 5G signals while on the move, highlighting poor digital infrastructure. Connectivity frustrations are higher among 18-24 year-olds (57%), with 27% also reporting weekly wifi issues at home. The UK slipped to 59th globally in mobile download speeds, down from 51st in 2023. Despite 86% full-fibre broadband coverage, disparities exist between urban and rural areas due to installation costs and infrastructure congestion. Experts warn that inadequate connectivity limits economic growth, particularly in rural sectors. Research suggests improving mobile coverage along railways could boost productivity by nearly £3 billion over ten years. The government aims to enhance digital infrastructure to support broader economic transformation.