India, June 16 -- Shares of Syntec Optics Holdings, Inc. (OPTX) are falling about 7 percent on Tuesday morning after the company announced new purchase orders worth nearly $2.4 million for a product line whose production was increased in the first quarter of 2026 to support the growing number of weekly launches of Low Earth Orbit satellites.
The company's stock is currently trading at $11.35, down 7.24 percent, over the previous close of $12.23 on the Nasdaq. It has traded between $1.18 and $14.92 in the past one year.
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