AYRO Shares Plunge Amidst Persistent Sell-Off

AYRO’s stock continued its downward trajectory on Friday, posting significant losses as the specialized electric vehicle manufacturer faced intense selling pressure. The substantial decline highlights ongoing fundamental challenges within the company.

During Friday’s session, AYRO shares settled at $5.355, representing a 5.39% decline from the previous close. The trading range revealed even more substantial pressure, with the stock fluctuating between a daily high of $5.95 and a low of $5.22—a striking 13% intraday spread. Trading volume reached 74,760 shares, reinforcing the persistent negative sentiment surrounding the equity.

Key trading metrics from October 10:
* Closing price: $5.355
* Daily performance: -5.39%
* Trading volume: 74,760 shares
* Market valuation: $3.62 million

Underlying Financial Concerns

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