By: Matt Rego
SolarWindow Technologies, Inc. (OTCQB: WNDW) develops electricity-generating glass windows and other plastic materials through solar technology. The company is seeing shares slide 12% in early morning trading on Friday, July 15, 2016. Over the past three months, SolarWindow Technologies, Inc. (OTCQB: WNDW) has seen average daily volume of around 57,668 shares. However, nearly 79,300 shares or $225,212 in dollar volume has already exchanged hands during the trading session Friday.
While there is no new news out this morning to explain the drop in shares of SolarWindow Technologies, Inc. (OTCQB: WNDW), the company did release its second quarter earnings on July 12, 2016. During the second quarter, SolarWindow Technologies, Inc. (OTCQB: WNDW) reported dismal numbers. In addition, additional shares entering the market will continue to devalue existing shareholder stakes. Here is the recent 10-Q filing
SolarWindow Technologies, Inc., is focused on the research, development and eventual commercialization of the first-of-its-kind see-through SolarWindow technology, capable of generating electricity on glass windows and flexible plastics.