Q: Seemingly, recently, news on kits indicated thumbs up. I can"t figure out why the stock
dropped substantially. What am I missing? Your thoughts.
dropped substantially. What am I missing? Your thoughts.
5i Research Answer:
Results reported were quite fine and ahead of expectations. At this time of year, small caps can be extra volatile, especially those with giant embedded gains (KITS is up 139% in a year). Often, investors sell on news, or sell in a new tax year. Regardless, the stock has now fully recovered and is up 4% already in 2026.