What's Going On With American Superconductor Stock?
Portfolio Pulse from Adam Eckert
Shares of American Superconductor Corp (NASDAQ:AMSC) surged following claims of a new superconductor being developed that works above room temperatures and at ambient pressure. The company is set to report Q1 financial results on Aug. 9, with an expected loss of 16 cents per share and revenue of $27.75 million.
August 04, 2023 | 9:19 am
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American Superconductor Corp's stock surged on claims of a new superconductor. The company is set to report Q1 results on Aug. 9.
The surge in AMSC's stock price is directly linked to the claims of a new superconductor, which if true, could significantly boost the company's prospects. The upcoming Q1 results could also impact the stock's performance.
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