Simulations Plus, Inc. (SLP) shares tumbled 25.04 percent, or $6.62, on Thursday, following the company's preliminary third-quarter results announcement yesterday. Revenue is expected to come in between $19 million and $20 million, with full-year fiscal 2025 revenue projected at $76 million to $80 million.
The stock is currently trading at $20.44, down from a previous close of $26.44 on the Nasdaq. It opened at $23.66 and has traded between $19.26 and $23.80 today, with volume spiking to 1.3 million shares, well above the average of 336,771.
Today's decline pushed the stock to a new 52-week low of $19.26, compared to a high of $50.11. The sharp reaction reflects investor concern over weaker-than-expected revenue growth.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.