Persimmon is trading 4.41% down at £1,257.00, with no clear company-specific announcement or directly reported catalyst for the October 1 decline in available coverage. - The drop follows a sharp rally on September 28 after the government announced a first-time-buyer equity loan scheme. - A September 29 report said Persimmon expected 2026 deliveries and profits near the top end of estimates. The timing may be consistent with profit-taking, but does not establish the cause of the decline.