FSM is trading at $8.63 (-4.69%) in pre-market following a sharp overnight risk-off move across broader markets.
- Sentiment is being weighed down by a significant decline in major cryptocurrencies, with Bitcoin down -3.29% and Ethereum falling -4.97% since the last close.
- Broader market weakness is evident as U.S. futures trade lower, putting additional pressure on crypto-linked equities.
- No company-specific news, earnings reports, or major corporate announcements were identified to account for the price action.