Ocean Power Technologies Receives Positive Mention by National Inflation Association
The National Inflation Association ("NIA") released a positive report yesterday at 9:31am on Ocean Power Technologies (NASDAQ: OPTT). NIA disclosed an ownership stake of 177,000 shares of OPTT that it purchased at an average price of $3.267 per share. Shares rallied over 25% following their initial report. NIA also released a follow-up report on the company this morning prior to a $0.30 rally over yesterday's closing price.
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