SIDU is trading at $5.79 (6.7% down) as investors take profits following a sharp multi-day rally driven by strong earnings and momentum buying.
- The pullback comes as the market continues to digest dilution from a $58.5 million discounted equity offering priced at $4.35 per share.
- The offering remains a technical overhang for the stock, despite the recent surge in buying interest and positive earnings sentiment.