Shares of Applied Energetics, Inc. (AERG) have declined 14.1% since reporting results for the second quarter of 2025. This compares with the S&P 500 index’s 0.1% growth over the same time frame. Over the past month, the stock has declined 24.8% against the S&P 500’s 2.5% rise, reflecting investor concerns over the company’s financial results and outlook.The company reported revenues of $70,335 for the second quarter of 2025, plummeting 91% from $780,643 a year earlier. For the six months ended June 30, 2025 ...