Why Is Bollinger Innovations Stock (BINI) Down Today?

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2025.10.16 13:11
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Bollinger Innovations (BINI) stock has seen a significant decline, dropping 89.6% from $1.35 to about 14 cents in just five days. This follows the company's announcement of its switch from the Nasdaq Exchange to the OTC Markets' OTCID market. Winvest Investment Fund Management Corp. recently bought and sold shares of BINI, but the stock has continued to suffer losses year-to-date and over the past 12 months, raising caution for potential investors.