Why Symbotic Stock Plunged Today
Symbotic (US:SYM) The Motley Fool·2025-12-04 16:03The artificial intelligence (AI)-driven warehouse automation specialist announced a secondary stock offering that spooked investors.Shares of Symbotic (SYM 14.90%) slumped out of the gate Thursday morning, falling as much as 16.4%. As of 10:39 a.m. ET, the stock was still down 15.3%.The catalyst that sent the artificial intelligence (AI) and warehouse automation specialist tumbling was a secondary stock sale. Taking stockAfter reporting blockbuster results last week that sent the stock to a new all-time hig ...