🔴 SIVE.ST is trading 5% down today on profit-taking after a rally ahead of its May 29 catalyst event

SIVE.ST is trading at SEK 82.50 (-5.01%) as the stock pulls back from a steep multi-day surge due to profit-taking.

• The decline follows a sharp rally over the prior week that left the stock extended and susceptible to a technical reversal.
• Market activity is currently centered on investor positioning ahead of Sivers Semiconductors’ triple catalyst event scheduled for May 29.