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TSX:PNG.V 25 November 2025

Kraken Robotics (PNG.V) Edges Higher After Record Q3 2025 Earnings and Strong 2025 Outlook – Stock Update for November 24, 2025

Kraken Robotics (PNG.V) Edges Higher After Record Q3 2025 Earnings and Strong 2025 Outlook – Stock Update for November 24, 2025

Kraken Robotics shares closed at C$5.39 on November 24, up C$0.03, after reporting record Q3 revenue of C$31.3 million, a 60% year-over-year increase. Trading volume surged to 2.87 million shares, well above average. Gross profit rose 81% to C$18.6 million, with gross margin improving to 59%. The company reaffirmed its full-year outlook.

Stock Market Today

  • Russell 2000 Hits Correction Territory Amid Oil Price Surge and Economic Worries
    March 20, 2026, 2:58 PM EDT. The Russell 2000 small-cap index has dropped over 10% from its recent peak, marking the first major U.S. benchmark to enter correction territory, defined as a decline between 10% and 20%. The index, initially outperforming in 2026, fell sharply due to a surge in Brent crude oil prices amid the Iran war, highlighting small caps' sensitivity to cyclical sectors and economic downturns. Other major indexes are close behind, with the Dow and Nasdaq down over 9%, and the S&P 500 falling by more than 6%, signaling broader market pressures.
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