🔴 WIT is trading 4.2% down today on profit-taking after recent buyback-driven spike

WIT is trading 4.2% down at $2.17 as the stock undergoes a price normalization following a sharp rally tied to its recently completed share buyback.

• The stock had previously climbed approximately 4.6% to reach $2.37 on the buyback news.
• Today’s pullback is viewed as profit-taking rather than a reaction to new negative company-specific catalysts, especially as broader markets are generally trading higher.