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Why MicroVision Stock Just Tanked 10%

TheMotleyFool

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Shares of scanning technology maker MicroVision (NASDAQ: MVIS) have had an enormous run these past three months, more than octupling in value (i.e., an eightfold increase), apparently on rumors that someone (Microsoft?) might be interested in buying the company.

But one analyst says that's bunk, and in a note today, MicroVision stock is giving back 9.6% of its gains (as of 2:25 p.m. EDT) on worries that the buyout may be bunk.

Image source: Getty Images.

Source Fool.com

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