One Stop

One Stop Systems surged in pre-market then sharply reversed. Buoyed by an $8.4 million contract from a leading defense and technology solutions company with a potential total value of $44 million, the stock hit a high of $18.39 in pre-market trading. However, it plummeted soon after the regular session opened, falling to a low of $17.02, down over 5% from the previous close of $17.94. Despite Q1 revenue of $8.07 million growing 54.98% YoY and a net loss narrowing 74.23% to $519.86k, the stock has rallied 343% from its 52-week low of $3.84 and now trades below its 20-day moving average of $17.13.