P10 Stock Drops 5% Despite Swing To Profitability In Q4 Results

(RTTNews) - P10, Inc. (PX) is down 4.88 percent, falling $1.20 to $12.24. The decline comes despite the company reporting an increase in net income of $5.7 million, a turnaround from a net loss of $1.9 million in the prior year.

PX is currently trading at $12.85, down from the previous close of $13.44. The stock has ranged between $12.00 and $13.60 in today's session. Trading volume stands at 636,097 shares, slightly below the average volume of 739,770.

The stock remains within its 52-week range of $7.08 to $14.28, as investors weigh the company's improved profitability against broader market sentiment.