🔴 Sono Group is trading 12.09% down in pre-market after traders lock in gains

Sono Group is trading 12.09% down now at $4.18 after profit-taking following its 77.43% September 1 surge.

• The rally was triggered by the proposed Sports One business combination and an investor group's purchase of 19.9% of outstanding shares.
• MarketWatch reported the nonbinding LOI, Sports One's expected super-majority ownership, and the planned sports-focused business.
• Weaker technology sentiment added pressure, while activity remains elevated after the announcement-driven volatility.