Symbotic Shares Fall After Downgrade From Raymond James

MT Newswires Live

2025/02/07

Symbotic's (SYM) shares were down more than 14% in recent Thursday trading after Raymond James downgraded the stock to market perform from outperform.

The AI-enabled robotics technology company reported Wednesday a fiscal Q1 diluted loss of $0.03 per share, matching last year's loss, while revenue rose to $486.7 million from $359.9 million.

Trading volume stood at about 4.7 million shares against a daily average of nearly 2.9 million.

Price: 26.55, Change: -4.37, Percent Change: -14.13

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