🔴 YY is trading 5% down today as post-surge profit-taking continues

YY is trading at $1.47, down 5.10%, amid continued profit-taking after the August 26 surge.

• YY extended its decline after falling 18.85% on August 28 and 9.91% on August 27.
• The surge followed cancellation of the $5.94 million second convertible-note tranche, which removed associated warrants; approximately $1.37 million remains payable by December 31, 2026.
• U.S. markets are modestly lower, but the weakness appears tied to YY’s post-surge reversal rather than a major new announcement on August 31.