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Lightwave Logic (NASDAQ:LWLG) Shares Down 4.7% - What's Next?
Lightwave Logic (NASDAQ:LWLG) shares dropped 4.7% during Monday’s mid-day trading. A research analyst has reiterated a “sell” rating for the stock, and Lightwave Logic also recently saw insider selling activity from its directors. Hedge funds and other institutional investors hold 27.04% of the company’s stock, which specializes in electro-optic polymer materials for high-speed optical communications.