This Is Why Daktronics Fell 40% In One Day
Daktronics stock fell nearly 40% in one day.The company gave cause to doubt its ability to continue operations.Trading at a 20+ year low there may be an opportunity for investors in the making.Shares of the scoreboard and LED display maker Daktronics (NASDAQ:DAKT) fell 40% in a single session and they may fall further. The reason is that the company filed a document with the SEC that raises serious questions about the business’s status as a “going concern”. Q3 2022 hedge fund letters, conferences and more A going concern is a business that has the resources to continue operating in a manner th...