Babcock & Wilcox Enterprises is trading 5% down at $9.13 as the stock continues to retrace following a sharp multi-week rally and increased scrutiny from short-sellers.
- Wolfpack Research recently disclosed a short position, contributing to heightened volatility and downward pressure on the share price.
- The stock is experiencing a technical pullback driven by profit-taking as traders reassess risk and trim positions following the recent surge.