🔴 Sono Group is trading 10.42% down in pre-market after post-spike profit-taking

Sono Group is trading 10.42% down at $4.30 in pre-market, with the decline appearing to reflect post-spike profit-taking and volatility.

• Shares rallied 77.43% on September 1 before a relatively unchanged September 2 close.
• No new company-specific announcement for September 3 has been identified; the latest major catalyst remains the proposed Sports One combination and related 19.9% share purchase, announced August 31.
• Major U.S. indices were modestly higher pre-market, indicating no broad market weakness.