SIVE.ST is trading around 22% down at $44.14 as investors digest the dilution impact of a major loan conversion and concerns over stretched valuations.
- The stock has experienced extreme volatility recently, including a 14.9% jump on July 03 followed by a 14% drop on July 06.
- Selling pressure follows a $12M convertible loan conversion by lender Bootstrap Europe, which has fueled speculative sentiment and dilution fears.
- Today’s move marks a continued repricing as the market adjusts to the increased share count and corrects for the prior rally.