Raya Holding is trading 3.12% lower at $6.83; no verified report directly attributes the decline to a specific catalyst. - The latest session was Friday, September 25. - Recent coverage concerns conditional approval of up to $60 million for a proposed data-center acquisition; the deal remains subject to award, completion, and required approvals. - The EGX 30 rose 0.78% on September 25, so available market evidence does not establish a broad-market explanation for Raya Holding’s drop.