Ocean Power Technologies shares are trading higher after the company was awarded a contract for a WAM-V for immediate delivery to an Offshore Construction Contractor.
Portfolio Pulse from Benzinga Newsdesk
Ocean Power Technologies shares are trading higher after the company was awarded a contract for a WAM-V for immediate delivery to an Offshore Construction Contractor.
June 05, 2024 | 11:34 am
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POSITIVE IMPACT
Ocean Power Technologies (OPTT) shares are trading higher following the announcement of a new contract for a WAM-V with an Offshore Construction Contractor.
The new contract for a WAM-V is a positive development for Ocean Power Technologies, indicating increased demand for their products and services. This news is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100