Evolv Technologies Stock Tanks 17.4% YTD: Time to Buy the Dip?
EVLVEvolv Technologies (EVLV) ZACKS·2024-10-04 00:21

In a challenging year for many tech stocks, Evolv Technologies (EVLV) has seen its share price plummet 18% year to date, significantly underperforming the Zacks Computer and Technology sector's return of 22.6%. This sharp decline has left investors wondering whether the current dip presents a buying opportunity or signals deeper issues for this AI-powered security screening company. Evolv Technologies, founded in 2013, has been at the forefront of modernizing security screening through its innovative use of ...