🔴 EHGO is trading 6.5% down today on dilution concerns from its $1.48 million direct offering

EHGO is trading at $3.62 (down 6.5%) as the stock continues to retreat following last week’s volatile surge and dilution concerns tied to its $1.48 million registered direct offering.

• Traders appear to be taking profits in this thin-float microcap after sharp swings between June 22 and June 26.
• Sentiment remains cautious in the pre-market session as investors weigh the impact of the recent capital raise on the stock's valuation.