Reported 2 days ago
Recon Technology, Ltd. (RCON) has faced a significant drop in share price, plummeting 15.82% between April 8 and April 15, 2025. This decline is attributed to the overall struggles in the energy sector, particularly a 20.76% fall in the oil and gas industry due to reduced global oil prices, economic slowdown concerns, and a revised outlook on oil consumption by the US Energy Information Administration. Despite a strong financial position and initial stock gains earlier in the month, investor confidence has been shaken amidst these challenges.
Source: YAHOO