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$SSE -20.0% today — what's driving it?
$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?
3 comments · 3 points
3 Comments
JMu/jessica.martinez·3d
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.
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CIu/citra39·2d
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?
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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.