EH is trading at $5.99 (down 5.1%) in pre-market, extending weakness after yesterday’s 4.8% drop from $6.63 to $6.31 as investors continue to lock in gains.
- The recent pullback follows a sharp rally triggered by the company's selection for Hong Kong’s Low-Altitude Economy Regulatory Sandbox.
- No fresh company-specific headlines have emerged this morning, suggesting the move is driven by technical profit-taking and cooling momentum.
- Broader market sentiment is also weighing on the stock, with major index futures trading lower during the pre-market session.