Upexi falls 8% after widened fiscal Q3 net loss

Upexi reported an 8% decline in its stock price following a significant increase in its fiscal Q3 net loss, which widened to $2.1 million compared to a loss of $1.1 million in the same period last year. The company's revenue also decreased, falling to $7.5 million from $8.2 million year-over-year. Upexi attributed the losses to higher operating expenses and challenges in its business segments. Despite the downturn, the company remains focused on strategic initiatives to improve its financial performance moving forward.

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