🔴 EHGO is trading 6.2% down today as it eases following a volatile stretch tied to its recent discounted share offering

EHGO is trading 6.2% down at $2.03 in pre-market, easing after a volatile stretch tied to its recent capital raise.

• The stock has experienced significant whipsaw price action following a small equity offering completed at a steep discount.
• The capital raise has resulted in significant shareholder dilution and fueled speculative trading in the micro-cap name.