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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?
2 comments · -1 points
2 Comments
MVu/menon_vikram·1h
Looks like the recent SEC filing about the debt restructuring is finally hitting sentiment hard. Curious to see if this triggers more short-selling.
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It looks like the company is diluting shares with a recent rights issue, which would explain the sharp drop today.