Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Why Ascent Solar Technologies (ASTI) Shares Are Down 50%

Author: Henry Khederian | April 10, 2024 12:12pm

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) shares are trading lower by 50% to $0.14 during Wednesday’s session after the company announced pricing of a $6 million public offering of shares at $0.14 per share.

Alternatively, investors can purchase prefunded warrants that allow them to buy shares at $0.0001 per share. These prefunded warrants are immediately exercisable and will only expire once fully exercised.

Dawson James Securities, Inc. is serving as the exclusive placement agent for this offering.

See Also: ‘This Puts The Fed In Quite A Tricky Position’: 7 Economists Weigh In On March Inflation Report

How To Buy ASTI Stock

By now you're likely curious about how to participate in the market for Ascent Solar Technologies – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of Ascent Solar Technologies, which is trading at $0.14 as of publishing time, $100 would buy you 714.29 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, ASTI has a 52-week high of $80.00 and a 52-week low of $0.13.

Posted In: ASTI

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist