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Why Did LWLG Stock Plummet In Last Trading?

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After falling -2.95% to $6.9000 last session, Lightwave Logic Inc (OTCQX: LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, has seen its market capitalization drop to $730.80M. Lightwave Logic stock traded 454.04K shares recently, greater than its average daily volume of 382.48K.

Additionally, LWLG stock has traded between $6.7800 and $7.3700. There are 105.91M pink sheets shares outstanding, while 77.18M are float. Due to the lack of current news, LWLG stock plunged, so current developments may offer insight into LWLG.

How did LWLG recently fare?

Lightwave Logic is developing a platform that utilizes its proprietary engineered electro-optic (EO) polymers to transmit data faster and more efficiently. As a result of Lightwave Logic’s active and stable organic polymers, it can develop next-generation photonic electronics. Data from electrical signals is converted into optical signals using LWLG’s data conversion devices for applications in telecommunications and data communications.

In a recent report, Lightwave Logic announced data rates achieved with new modulators designed in 2021, which exceeded initial bandwidth targets by three times when compared to existing competitors’ devices.

  • A silicon semiconductor platform was used to manufacture Lightwave logic’s unparalleled modulator devices.
  • With LWLG’s breakthrough new devices, measurements are close to the capabilities of Lightwave Logic’s state-of-the-art 110GHz test equipment, demonstrating 3dB electro-optical with electrical bandwidths exceeding 100GHz.
  • This achievement by LWLG represents roughly a tripling in fiber optic data rates.
  • As a result of LWLG’s advancement, internet traffic flow is expected to be affected profoundly.
  • Modern systems utilize optical modulators with optical bandwidths of 3dB around 30-40GHz, resulting in NRZs of 50Gbps, or PAM4s of 100Gbps.
  • The LWLG considers these speeds to be too slow and recommends that they be increased.
  • A 100GHz 3dB bandwidth means that LWLG devices are about three times faster than conventional devices, and a 150GBPS baud rate means 150GBPS for NRZ, or 300GBPS for PAM4.
  • Increased traffic can contribute greatly to the likelihood of users being able to use video platforms from home or off-site.

What else reported LWLG?

Earlier this month, Lightwave Logic announced that it will be included in the Solactive EPIC Core Photonics EUR Index NTR. It is an important point of recognition for Lightwave Logic (LWLG) shareholders to be included in the Solactive EPIC Core Photonics EUR Index, which is one of the most widely cited performance benchmarks. In addition to the index, there are public companies in the field of optoelectronics, photonics, and optical technologies generally ranging from component manufacturers, modules, and systems manufacturers.

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