Summary
• 374Water Inc. (SCWO) stock fell 22% in pre-market trading to $1.83, without a clear catalyst.
• The company announced a partnership project for biosolid destruction, but it failed to stabilize the stock price.
• Insider purchases by management occur amid a broader 96.5% decline in year-to-date performance, reflecting ongoing market volatility.
The stock of 374Water Inc. (SCWO) fell sharply in pre-market trading, declining 22% to $1.83 compared to the last closing price of $2.36. The significant drop comes without a defined catalyst, although the company did announce a recent partnership project.
Recent Project Announcement
On December 26, 2025, 374Water disclosed its partnership with the Cedar Rapids Water Control Pollution Facility and Brown and Caldwell to undertake a project focused on the destruction of biosolids that contain PFAS. This initiative is positioned as a step toward enhancing environmental safety and waste management solutions. However, the announcement did not appear to buffer the stock during the pre-market session, indicating investor caution amidst routine trading conditions.
Insider Activity and Market Context
In a related development, recent insider transactions have stirred some interest. Stephen J. Jones, now Chairperson of the Board and Interim CEO, made a significant purchase of 450,000 shares at $0.2311, totaling around $104,000. CFO Russell Kline also acquired 20,000 shares at $0.22. Such moves might suggest confidence among management, albeit these actions have coincided with the stock’s overall descent.
374Water’s performance metrics reflect considerable volatility in the past year, with a staggering year-to-date decline of approximately 96.5%. The average trading volume over the past three months has been about 68,740 shares, indicating sluggish trading activity recently.
Technical Analysis
From a technical standpoint, SCWO is currently positioned below its key moving averages, with a 20-day simple moving average showing a deviation of -7.9%, while the 50-day and 200-day averages indicate even steeper declines, at -25.4% and -26.3%, respectively. The stock is trading well below its 52-week high, which is down nearly 78.4%, further emphasizing a bearish trend alongside a relative strength index (RSI) of 42.5 that suggests the stock is nearing oversold territory.
Trading Momentum and Outlook
As the market segment focuses on 374Water’s strategic capabilities in organic waste destruction, the pre-market volatility reflects a complex mix of investor skepticism and the company’s ongoing initiatives. With the latest updates now reflected in trading, market participants will likely assess how these changes affect the stock’s momentum in subsequent sessions.