Why Is AmpliTech (AMPG) Stock Down 34% Today?

AmpliTech (NASDAQ:AMPG) stock is falling on Friday after the company provided a late quarterly filing notice to the Securities and Exchange Commission (SEC).AmpliTech says the reason for the late filing concerns its trading of digital currency during the quarter. That includes $3.25 million worth of crypto that it no longer has access to. The company says this is due to it working with a potentially fraudulent custodian that no longer exists.AmpliTech says that it’s working to recover the lost funds but cur ...