$(SEV)$
I played this starting around midday Thurs. figuring that for a semi-real company, there would almost certainly be a decent yo-yo up from that huge drop...
Not so much. It's amazing that whatever forces pushed this - again, a semi-legit company,$1B mkt cap at IPO price, not some Chinese BS P&D - from $15 to $53 in less than 24 hours dissipated SO quickly, seemingly not to return.
Now, it's positive that it once it bombed down by 11am, it held its ground through the tech bombdown that continued. With a decent market day, this probably would have recovered a bit more.
Of course, it's another day further buried into the recesses of the market's memory... and big picture, God forbid the sector melts like in February.
Need a catalyst here... or the mysterious forces to magically return.
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