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Barchart
Barchart
Wajeeh Khan

Datavault Is Sinking Despite 443% Q1 Revenue Increase. Here's Why.

Datavault DVLT Datavault AI

Datavault AI (DVLT) shares closed down on Friday and are continuing their descent today, even though the company posted a remarkable 443% year-on-year increase in its Q1 revenue. 

The post-earnings decline crashed DVLT’s relative strength index (RSI) into the late 30s, signaling the stock is now approaching oversold territory. 

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