Hyliion is trading 5.1% down today at $3.55 amid lingering fallout from a securities fraud investigation and short-seller allegations regarding its $133 million VFG Holdings deal.
- The stock previously experienced a 13–17% single-session decline following a critical report from Pelican Way Research.
- Sentiment is currently weighed down by increased legal scrutiny and profit-taking after a strong rally driven by KARNO-related enthusiasm.