- Rockley Photonics Holdings Ltd RKLY is on a volatile ride in the premarket session on Monday. The stock was trading higher, only to give up all the gains and trade in the red.
- On Friday, Rockley disclosed a 5.5% stake investment by Hengtong Optic-Electric International Co Ltd on September 17. The financial terms were not disclosed.
- BofA initiated coverage of the company and sees a 56.6% upside in the sensing products provider.
- Price Action: RKLY shares traded lower by 1.04% at $8.55 in the premarket session on the last check Monday.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
