SKK Holdings Ltd. experienced a dramatic drop this week, with its stock plummeting $4.66 (71.69%) to close at $1.84 USD on November 22. The steep decline reflects significant sell-offs, raising concerns among investors.
During the session, the stock opened at $2.06 USD, reached an intraday high of $2.59 USD, and hit a low of $1.57 USD, underscoring high volatility throughout the day.
In after-hours trading, the stock fell further by $0.14 (7.61%), settling at $1.70 USD, signaling ongoing pressure on the company’s valuation.
The company’s market capitalization now stands at a modest $2.88 crore, reflecting the extent of the sell-off and its impact on SKK Holdings’ market position.
These sharp declines highlight potential challenges facing the company, with traders closely monitoring developments to assess future prospects.
Disclaimer: This article is for information purposes only and does not constitute any financial advice.
