Richtech Robotics Stock EXPLODES! Up 4% While Losing MILLIONS? Inside The Shocking 10-K!
How can a company’s stock soar after revealing a near-doubling of its annual losses? Richtech Robotics defied expectations today, as its shares jumped 4.1% following the long-awaited filing of its 10-K report. Although the filing disclosed a significant $15.8 million loss and a substantial 172% increase in general and administrative spending, investors found solace in its 19% revenue growth and positive gross profit. This rise is fueled by the company's ambitious project: an AI-powered humanoid robot named Dex, built with Nvidia chips for commercial use. To understand these complex market movements and stay informed on groundbreaking tech stocks, subscribe to our channel today.
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