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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?
1 comments · 5 points
1 Comments
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It looks like the company announced a significant equity offering at a discount, which would naturally depress the stock price. The dilution effect is probably scaring off some of the smaller holders.