WidePoint Shares Crash 51% Following GAO Contract Decision

Key Facts

1WidePoint shares fell 51% following a GAO decision regarding a Department of Homeland Security contract.

2Trio-Tech shares dropped 14% despite reporting 72% revenue growth driven by AI and automotive semiconductor demand.

3Onterris shares declined 17% despite announcing strong year-to-date momentum and $14 million in new work.

WidePoint shares fell 51% following a Government Accountability Office (GAO) decision regarding a contract with the Department of Homeland Security. Financial Modeling Prep reported that the decline occurred alongside a 14% drop in Trio-Tech shares and a 17% decline for Onterris, despite both companies reporting positive operational developments.

WYY closed at $11.07 on September 24, 2026, prior to the contract-related sell-off. Trio-Tech reported 72% revenue growth driven by AI semiconductor demand, yet TRT closed at $7.26 on September 24, 2026. Similarly, ONT shares declined despite the company announcing $14 million in new work; the stock had closed at $16.82 on September 24, 2026.