🔴 SIVE.ST is trading 10.13% down today on profit-taking after a sharp rally ahead of its May 29 catalyst event

SIVE.ST is trading at SEK 78.05 (-10.13%) as the stock undergoes a technical reversal following a steep multi-day surge.

• The decline is primarily driven by profit-taking after the stock posted significant gains of +23.45% on May 22 and +17.35% on May 25.
• Shares became overextended during the recent run-up, leading to a pullback as investors lock in gains ahead of the company’s scheduled catalyst event on May 29.