DarkPulse (DPLS) Stock Drops By 9% After Announcing Of Purchasing Many Drones: What’s Your Next Move?

DarkPulse stock was having bad days from July 12 till July 13. The stock has dropped by almost 40%. Starting Wednesday, July 14, the stock was quietly progressing till Friday, July 16, when the price has plunged to the price of $0.147 from $0.169 as of the last trading session. The company was thinking of acquiring lots of drones, how did it cause the stock to drop that day?
Dark Pulse, Inc. is a tech company that uses laser-based monitoring technology to provide real-time data on various physiological and physical conditions. O’Leary the CEO of the company noted that the company’s decision to waiving the salaries of its management team and board members was a way to remain lean. After that, she said that the management team made a pivot due to the market positions in Dubai.

In the letter, O’Leary mentioned that the company is looking for acquisitions that can help expand its offerings. He also mentioned that the company is in a position to do so. O’Leary said that the company is on the right path.

Richard McEntire

Finance and Entertainment Reporter Richard is a bottle of wine - the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.

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