Stardust Power (SDSTW) Stock: Why It's Down Today
Updated Oct 20, 2026, 1:16 PM ET · intraday price
- Trading at $0.03 as of 1:16 PM ET, -65.37% vs the prior close of $0.08.
- Volume 219.95K shares, 3547.6x its 50-day average (heavy).
- New SEC filings: 8-K (Oct 19, 2026).
- No new insider buys or sales reported since the prior session.
SDSTW slides 65.4% to $0.03 on 3547.6x normal volume. Trading at $0.03 (intraday, 1:16 PM ET), -65.37% vs the prior close of $0.08. Day range $0.00–$0.07, opened at $0.19.
SDSTW daily analysis — what happened
A plain-English, data-only note for every US trading day (today's note updates every 2 hours while the market is open). Newest first; older days stay archived below.
Oct 20, 2026 — SDSTW slides 65.4% to $0.03 on 3547.6x normal volume
- Trading at $0.03 (intraday, 1:16 PM ET), -65.37% vs the prior close of $0.08. Day range $0.00–$0.07, opened at $0.19.
- Volume was 219.95K shares, 3547.6x its 50-day average of 62 — unusually heavy trading.
- 52-week range $0.00–$0.08; the current price sits at 35% of that range, 65.4% below the 52-week high.
SDSTW bull case vs bear case (from the data)
- Share count down 83.4% in a year (buybacks).
- Latest fiscal-year net income: loss of $15.72M.
- Insider selling outweighs buying: 25 sales vs 0 open-market buys among the 25 most recent reported insider trades (Form 4, last 12 months).
- High volatility: average daily move of 65.4% over 20 sessions.
- Thin trading (under $2M a day on average) can mean wide bid/ask spreads.
SDSTW latest news & SEC filings
Every SEC filing by or about SDSTW in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Oct 19, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 3.01 — Stock exchange listing notice or transfer of listing.
- Item 5.02 — Change in directors or officers (appointment, departure or pay).
- Item 8.01 — Reported other events the company considers important.
Oct 2, 2026 · Form SCHEDULE 13D/A — Update to a 13D 5%+ stake disclosure
Update to a 13D 5%+ stake disclosure
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Oct 2, 2026 · Form SCHEDULE 13D/A — Update to a 13D 5%+ stake disclosure
Update to a 13D 5%+ stake disclosure
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Sep 23, 2026 · Form S-8 — Employee share plan registration
Registration of shares for employee stock plans (S-8)
Sep 22, 2026 · Form 424B5 — Prospectus supplement
Prospectus supplement — the company is selling securities off a shelf registration
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Sep 22, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 8.01 — Reported other events the company considers important.
Sep 18, 2026 · Form 144 — Planned insider sale
Notice of proposed sale (Form 144) — an insider or affiliate plans to sell restricted or control shares
A notice of intent, not a completed sale. Any actual sale by a director or officer shows up later on Form 4.
Sep 18, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 8.01 — Reported other events the company considers important.
Sep 18, 2026 · Form 424B5 — Prospectus supplement
Prospectus supplement — the company is selling securities off a shelf registration
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Sep 17, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 3.01 — Stock exchange listing notice or transfer of listing.
Sep 17, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Cortegoso Pablo sold 123,614 shares at $0.13 (≈$16.29K) on Sep 16, 2026; now holds 462,973
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Sep 17, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Celano Chris Edward sold 739 shares at $0.14 (≈$103) on Sep 16, 2026; now holds 101,004
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Sep 17, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Devasper Udaychandra converted options/RSUs into 8,245 shares on Sep 15, 2026; now holds 85,232
- Devasper Udaychandra sold 3,726 shares at $0.14 (≈$531) on Sep 16, 2026; now holds 81,506
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Sep 16, 2026 · Form 144 — Planned insider sale
Notice of proposed sale (Form 144) — an insider or affiliate plans to sell restricted or control shares
A notice of intent, not a completed sale. Any actual sale by a director or officer shows up later on Form 4.
Sep 16, 2026 · Form 144 — Planned insider sale
Notice of proposed sale (Form 144) — an insider or affiliate plans to sell restricted or control shares
A notice of intent, not a completed sale. Any actual sale by a director or officer shows up later on Form 4.
Things to know before you trade SDSTW
- Last results release: Mar 18, 2026 (8-K Item 2.02). Previous ones: Nov 13, 2024. Based on that rhythm, the next report is likely around Jun 17, 2026 — an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 65.37% (largest 65.4%). That is a volatile stock.
- Liquidity: about 110.01K shares (≈$3.04K) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $0.03 vs a range of $0.00–$0.08 (35% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 0 open-market buys, 25 sales; latest: Udaychandra Devasper sold 3,726 shares on Sep 16, 2026.
- Latest filings: 8-K Oct 19, 2026; 8-K Sep 22, 2026; 8-K Sep 18, 2026.
- Share count: 14.05M shares outstanding (Aug 12, 2026), -83.4% vs a year earlier — the company has been reducing its share count.
- Listing: Nasdaq · industry: Primary Smelting & Refining of Nonferrous Metals.
SDSTW market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 20, 2026 | 0.19 | 0.07 | 0.00 | 0.03 | 219.95K |
| Oct 15, 2026 | 0.19 | 0.08 | 0.06 | 0.08 | 62 |
About Stardust Power
Stardust Power (SDSTW) is listed on the Nasdaq and classified by the SEC under “Primary Smelting & Refining of Nonferrous Metals”. Its business address is in OKLAHOMA CITY, OK. State of incorporation: DE. Fiscal year ends December 31. SEC CIK 1831979.
SDSTW board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Anupam Agarwal | Director | Mar 24, 2026 |
| Charlotte Nanguloshi Nangolo | Director | Jun 12, 2026 |
| Roshen Pujari | CEO and Chairman | Jun 17, 2026 |
| Vagie Ray Rivers | Director | Aug 27, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Pablo Cortegoso | Chief Technical Officer | Sep 17, 2026 |
| Chris Edward Celano | Chief Operating Officer | Sep 17, 2026 |
| Bruce Czachor | GC, CCO and Secretary | Mar 24, 2026 |
| Udaychandra Devasper | Chief Financial Officer | Sep 17, 2026 |
| Roshen Pujari | CEO and Chairman | Jun 17, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Sep 16, 2026 | Udaychandra Devasper | Sale | 3,726 | $0.14 |
| Sep 16, 2026 | Udaychandra Devasper | Sale | 3,726 | $0.14 |
| Sep 16, 2026 | Udaychandra Devasper | Sale | 3,726 | $0.14 |
| Sep 16, 2026 | Udaychandra Devasper | Sale | 3,726 | $0.14 |
| Sep 16, 2026 | Chris Edward Celano | Sale | 739 | $0.14 |
| Sep 16, 2026 | Chris Edward Celano | Sale | 739 | $0.14 |
| Sep 16, 2026 | Chris Edward Celano | Sale | 739 | $0.14 |
| Sep 16, 2026 | Chris Edward Celano | Sale | 739 | $0.14 |
| Sep 16, 2026 | Pablo Cortegoso | Sale | 123,614 | $0.13 |
| Sep 16, 2026 | Pablo Cortegoso | Sale | 123,614 | $0.13 |
| Sep 16, 2026 | Pablo Cortegoso | Sale | 123,614 | $0.13 |
| Sep 16, 2026 | Pablo Cortegoso | Sale | 123,614 | $0.13 |
| Sep 10, 2026 | Udaychandra Devasper | Sale | 49,315 | $0.16 |
| Sep 10, 2026 | Udaychandra Devasper | Sale | 49,315 | $0.16 |
| Sep 10, 2026 | Udaychandra Devasper | Sale | 49,315 | $0.16 |
SDSTW financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | — | $-15.72M | -2.13 | $-8.28M |
| Dec 31, 2024 | — | $-23.75M | -5.55 | $-9.72M |
| Dec 31, 2023 | — | $139.00K | — | $-975.00K |
| Dec 31, 2022 | — | $15.07M | — | $-1.53M |
| Dec 31, 2021 | — | $4.71M | — | $-1.04M |
Latest balance sheet: total assets $9.05M, total liabilities $17.30M, cash $540.26K (as of Jun 30, 2026).
SDSTW earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Mar 18, 2026 | 8-K Item 2.02 (results) | — |
| Nov 13, 2024 | 8-K Item 2.02 (results) | — |
Related stocks · Primary Smelting & Refining of Nonferrous Metals
Popular today
Spdr S&P 500 Etf (SPY)Micron Technology (MU)Nvidia (NVDA)Meta Platforms (META)Space Exploration Technologies (SPCX)Tesla (TSLA)Sandisk (SNDK)Apple (AAPL)AMD (AMD)Microsoft (MSFT)Intel (INTC)Amazon (AMZN)
More on SDSTW
Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: intraday data as of Oct 20, 2026, 1:16 PM ET. Filings: SEC EDGAR. Refreshed every 2 hours during US market hours.