🔴 Eldorado Gold is trading 4% down today, extending weakness from its Foran Mining acquisition amid broader market pressure

Eldorado Gold is trading 4% down at $28.26, extending a recent downward trend following the announcement of its acquisition of Foran Mining.

• The decline follows a sharp slide initially triggered by the M&A news, as the market continues to digest the implications of the deal.
• Shares are also being pressured by a broadly softer U.S. equity tape, with the S&P 500 and Nasdaq edging lower on mixed macro signals and geopolitical tensions.
• The risk-off sentiment is particularly impacting risk-sensitive mining names, adding further headwinds to the stock's performance.