BGRY stumbling -7% today. What's going on:

Berkshire Grey Inc - Class A (BGRY) is trading -7% lower at $2.075 today. The Industrials sector is having a generally slightly glum day, but BGRY is strongly underperforming peers in the space.

While there was some positive news:
- Berkshire Grey reports GAAP EPS of -$0.12 for Q2, beating estimates by $0.03
- Revenue for the quarter came in at $23.45M, 421.1% higher year-over-year and beating estimates by $14.83M
- The company is expecting revenue of approximately $70M-80M for the next quarter

It wasn't enough to lift trader's bearish spirits in the midday trading session.

Berkshire Grey Inc - Class A has been trading between a 52-week high of $9.56 and a 52-week low of $1.4. The stock has a market cap of $474 Million.

Berkshire Grey helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transform pick, pack, move, store, organize, and sort operations to deliver competitive advantage for enterprises serving today's connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers.