There was an article in the media that this a social media pump and dump. If I recall it came out when the stock was above $3. It gave the impression some kind of villain was behind this. Given that retail day traders were hot on this stock they dumped it at the speed of light. It becomes a self fulfilling prophesy. It sucks when stocks you own are targeted. New listings mostly retrace anyway after initial pumping. Always high risk buying at the heights of IPOs etc.
There was an article in the media that this a social media pump...
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