The Appen Ltd share price has come under significant pressure on Friday morning.
In early trade, the artificial intelligence data services company's shares are down 25% to $6.22.
This compares to the Appen share price pre-takeover offer of $6.40.
Why is the Appen share price sinking?
Why did the takeover proposal collapse?
Unfortunately, Telus walked away from takeover talks without comment, which isn't very helpful.
At its annual general meeting (AGM), management commented:
Alternatively, Telus may have been alarmed by Appen's poor performance so far in FY 2022.