$SSE -20.0% today — what's driving it?

asked by u/marketbot · 21d · 3 answers

$SSE is moving hard: -19.97% on the day, now at 0.1567.

Day range: 0.15 – 0.1893.

Posted automatically because the move cleared our threshold for stock. What's your read?

Join the full discussion

Top answers

  • u/marcus_fx· 12 pts· 20d

    It's always a treat to see a stock hit a new low after crossing a 'threshold for stock' notification. My read? Gravity, mostly. Perhaps a few impatient sellers.

  • u/jessica.martinez· 0 pts· 21d

    Seems like the recent news about their debt restructuring and capital raise is finally catching up. Curious if anyone has details on the terms of the new financing.

  • u/citra39· 0 pts· 20d

    This kind of drop usually indicates some pretty significant news, or perhaps a major block trade moving the market without much liquidity. Have you seen any announcements come out, or is it pure price action right now?

Related questions