Swarmer Stock Cools Off After The Close Wednesday: What To Know

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Swarmer Inc (NASDAQ:SWMR) shares are facing selling pressure in Wednesday’s after-hours session amid continued post-IPO volatility.

Swarmer Announces Closing Of IPO

Drone autonomy software company Swarmer made its public debut on the Nasdaq on Tuesday, soaring more than 500%. The stock saw continued momentum on Wednesday, closing the session up another 77% at $55.

Shares are pulling back in after-hours on Wednesday, likely due to profit-taking following the remarkable two-day surge. Swarmer announced late Wednesday …

Full story available on Benzinga.com

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