Reported 1 day ago
Weave Communications (NYSE: WEAV) has experienced a drop in stock value after Wasatch Micro-Cap Fund's Q1 2025 investor letter indicated that the company's conservative guidance for the year has negatively impacted investor sentiment. Despite a 12.13% increase over the past year and a later revenue report showing an 18.3% year-over-year growth, the share price closed at $9.89, leading to concerns for micro-cap stocks amid broader economic challenges.
Source: YAHOO