MicroVision Stock Drops as Lidar Turnaround Faces Its Next Cash Test
MicroVision Inc. shares fell in late U.S. trading on Thursday, slipping 2.6% to $0.6232 as the lidar sensor maker traded weaker than the broader small-cap tape. The stock moved between $0.593 and $0.6497 on volume of about 5.38 million shares, while the iShares Russell 2000 ETF, a common small-cap proxy, was up 0.7%. The move came in a shortened U.S. trading week after Nasdaq closed on Monday for Memorial Day. That matters because there was no holiday buffer on Thursday: the pressure was plain trading, not an exchange closure or calendar quirk.