Arcadia Biosciences Stock Under $1: Why RKDA’s Next Move Hinges on Zola and Cash
Arcadia Biosciences shares rose 1.25% to $0.925 early Thursday, valuing the company at about $1.9 million. First-quarter revenue fell 8% to $1.1 million, with a net loss of $4.4 million, while Zola coconut water unit volumes rose 18%. No new company filings have appeared since May 15. U.S. equity markets are open for regular trading.