Business
What’s with the Weebit (ASX:WBT) share price sinking 6% today?
The Weebit Nano Ltd (ASX: WBT) share price is sinking in early-afternoon trade despite the company announcing two new filed patents.
At the time of writing, the memory technology company’s shares are down 5.83% to $1.94.
Let’s take a quick look at the company’s update today and why the Weebit share price is falling.
Why is the Weebit share price falling?
The Weebit share price may be losing ground today despite its positive announcement as investors sell off their positions due to renewed pandemic fears. A potential fourth wave of COVID-19 and a new strain variant could hit the United States, which has sent worldwide markets…
-
General22 hours agoFormer Ukrainian parliament speaker Andriy Parubiy murdered in Lviv
-
Business14 hours agoThink Nvidia stock is expensive? This chart might change your mind.
-
General21 hours agoThree dead after angry mob sets fire to parliament building in Indonesia
-
Noosa News14 hours agoYoung rockers prepare to hit the stage in Eumundi