5 Worst Performing Tech Stocks in 2023

3. Ascent Solar Technologies, Inc. (NASDAQ:ASTI)

Year To Date Losses As Of August 6, 2023: 94.99%

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) develops solar power products for a wide variety of industries such as aerospace, satellites, and agriculture. The firm’s first quarter of 2023 results saw it report $124,225 in revenue and a net loss of $6.1 million which was higher annually.

By the end of this year’s first quarter, three of the 943 hedge funds part of Insider Monkey’s database had invested in the firm. Ascent Solar Technologies, Inc. (NASDAQ:ASTI)’s largest hedge fund shareholder in our database is Jim Simons’ Renaissance Technologies with an investment of $65,000.

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