SIVE.ST is trading 7% down at $62.40 as its parabolic multi-month AI-driven rally begins to unwind amid extreme valuation concerns and heightened market volatility.
- The stock had previously surged over 3,000% in approximately 80 days as investors chased its AI infrastructure and photonics story.
- Traders are aggressively taking profits as broader technology sentiment weakens and reports surface that authorities are reviewing trading activity surrounding its Nasdaq listing news.