Why is Microvision stock sliding today?
Microvision (MVIS) shares fell 9.2% in after-hours trading after reaffirming 2026 revenue guidance of $10M-$15M without an increase, disappointing investors. Q2 2026 revenue was $1.47M with a net loss of $36.9M. Management highlighted a drone lidar partnership and cost-saving plans for 2027, but concerns over revenue growth and cash burn persisted. The broader market was unchanged, indicating the drop was company-specific.
