Mobix Labs Stock Pulls Back After Navy Order

Mobix Labs, Inc. (NASDAQ:MOBX) shares are trading lower Wednesday morning, giving back some of Tuesday's big gains. The pullback comes after the company announced it had received a production purchase order for components used in the U.S. Navy's Tomahawk cruise missile program. Here’s what investors need to know.Mobix Labs stock is showing positive momentum. What’s the outlook for MOBX shares?CEO Says Demand Is RisingMobix said the award covers its high-reliability filtering component, a mission-critical pa ...