Duos Technologies Stock Falls 14% Over LoI With Hydra Host, Appointment Of Doug Recker As CEO

Shares of Duos Technologies Group, Inc. (DUOT) are moving down about 14 percent on Friday morning trading following the announcement of a non-binding letter of intent with Hydra Host, and appointment of Doug Recker as Chief Executive Officer, effective April 1, 2026.The company's stock is currently trading at $7.47, down 14.93 percent, over the previous close of $8.79 on the Nasdaq. It has traded between $3.84 and $12.17 in the past one year.The partnership aims to deploy a high-density NVIDIA GPU cluster ...