EGO is trading at $30.67 (4.2% down) in pre-market, extending a 4.1% drop from the prior regular session as investors engage in profit-taking following last week’s strong gains.
- The move comes despite no fresh, company-specific news overnight; shares appear to be reacting to broader risk-off sentiment and weakness in gold miners.
- Major U.S. indices are all trading more than 1% lower in pre-market, further contributing to the downward pressure on the stock.