Stock Alert: AmpliTech Group Down 10%

Shares of AmpliTech Group, Inc. (AMPG) are currently losing over 10% despite announcing that it received an order from a defense contractor for space program.

AMPG is currently trading at $11.01, down $1.42 or 11.42%, on the Nasdaq.

Amplitech Group announced the receipt of about $120,000 trial order for its ultra-low noise amplifiers from a major Fortune 200 Defense contractor.

AmpliTech Group designs, develops, and manufactures custom and standard state-of-the-art RF components for the Domestic and International, SATCOM, Space, Defense and Military markets.

Source: Read Full Article