Swarmer Stock Price Slides 30% After IPO Frenzy, but SWMR Still Trades More Than 7x Above Offer

Swarmer shares tumbled 30.1% to finish at $36.71 on Friday, a sharp reversal coming just days after the drone-software company’s Nasdaq debut. Despite the rout, the stock still sits far above its $5 offer price—underscoring just how fast momentum can swing.