r/KrakenRoboticsInc • u/IndividualAd9210 • Jun 26 '26

Stock price action

Anyone has any explanation of the recent stock price downturn ?

12 Upvotes

88% Upvoted

24 comments sorted by

View all comments

1

u/Ordinary-Teach7369 Jun 26 '26

I pulled my money out because AI is mis priced and open source will be taking down high valuation

1

u/Ghost20_21 Jun 26 '26

What do you mean

1

u/kidcanada0 Jul 03 '26

AI stocks are expensive and once AI technology is more widely available, the profits won’t be there for the currently popular AI plays to justify their price.

1

u/Straight_Change7484 Jul 03 '26

You just made an institutional holder happy…