
Amprius Technologies (NYSE:AMPX) Trading Down 27.3% on Disappointing Earnings

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Amprius Technologies (NYSE:AMPX) shares fell 27.3% after reporting disappointing quarterly earnings, with a loss of $0.04 per share, missing estimates of $0.02. Despite revenue of $28.54 million exceeding expectations, the company's negative net margin and return on equity raised concerns. Trading volume surged to 30.4 million shares, up 243% from average. Analysts maintain a "Moderate Buy" rating, with an average target price of $19.75. Recent insider sales and the launch of a new ETF may contribute to stock volatility.
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