Nuburu (NYSEAMERICAN:BURU) Shares Down 0.9% - Here's What Happened

Key Points

• Shares of Nuburu fell about 0.9% mid-day to $0.2020 (intraday low $0.1913), with roughly 16.31 million shares traded — down ~41% from the average daily volume of 27.74 million.
• The company has a market capitalization of $87.6 million, reported a quarterly loss of $0.20 per share on Nov. 14, and currently trades below its 50‑day and 200‑day moving averages ($0.28 and $0.27).
• 41.61% of the stock is owned by institutions; Geode Capital Management boosted its stake by 78.4% to 259,550 shares, and Nuburu focuses on high‑power blue laser technology for welding and 3D printing with applications in batteries, e‑mobility and consumer electronics.

Nuburu, Inc. (NYSEAMERICAN:BURU - Get Free Report) dropped 0.9% during mid-day trading on Wednesday . The stock traded as low as $0.1913 and last traded at $0.2020. Approximately 16,313,810 shares traded hands during trading, a decline of 41% from the average daily volume of 27,743,190 shares. The stock had previously closed at $0.2039.

Nuburu Stock Down 0.9%

The stock has a market capitalization of $87.60 million, a PE ratio of 0.00 and a beta of 0.48. The firm's fifty day moving average is $0.28 and its 200-day moving average is $0.27.

Nuburu (NYSEAMERICAN:BURU - Get Free Report) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.20) earnings per share for the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Nuburu stock. Geode Capital Management LLC raised its holdings in Nuburu, Inc. (NYSEAMERICAN:BURU - Free Report) by 78.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 259,550 shares of the company's stock after acquiring an additional 114,030 shares during the quarter. Geode Capital Management LLC owned 0.42% of Nuburu worth $91,000 as of its most recent filing with the SEC. 41.61% of the stock is owned by institutional investors and hedge funds.

About Nuburu

Nuburu, Inc engages in high-power, high-brightness blue laser technology business for welding and 3D printing industries worldwide. The company offers Nuburu AO-150 and NUBURU BL. Its products have applications in battery, e-mobility, consumer electronics, and 3D printing metal systems. Nuburu, Inc was founded in 2015 and is headquartered in Centennial, Colorado.

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