We share weekly commentaries with investors on stocks in our strategies that have appreciated or dropped more than 15% in a day during the course of the week. We hope you find this commentary useful.
|-16%||Shares of Mynaric traded down ~16.5% Tuesday, possibly because the company’s cash burn and cash position might require it to raise more capital. Mynaric has said that it has the liquidity to work on its current backlog of over 200 inter-satellite-link units but may need cash to expand and capitalize on larger constellation contracts. Mynaric manufactures laser communication equipment for airborne and spaceborne communication networks.|