Aeluma Stock Jumps Before Q3 Earnings as ALMU Investors Eye May 13 Test
Aeluma shares jumped 9.6% to $25.58 Friday, valuing the company at $457 million ahead of fiscal Q3 results due May 13. A Reuters/Refinitiv preview expects a loss of 4 cents per share. Trading volume reached 2.3 million shares. The company reported $1.3 million in revenue and an $11-cent loss per share in its previous quarter.