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Ather Energy shares fall 4%, snap 5-day gaining streak. What’s triggering the sharp fall?

Shares of Ather Energy fell 4% to Rs 1,742 on the BSE on Thursday, ending a five-session winning streak as the shareholder lock-in period expired. The expiry releases shares held by investors under the lock-in that had been in place for around one-and-a-half years or longer.According to Nuvama Alternative & Quantitative Research, approximately 77 million Ather Energy shares will become eligible…

First reported by The Economic Times 1 source
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  1. The Economic Times

    Ather Energy shares fall 4%, snap 5-day gaining streak. What’s triggering the sharp fall? (opens The Economic Times in a new tab)

    Shares of Ather Energy fell 4% to Rs 1,742 on the BSE on Thursday, ending a five-session winning streak as the shareholder lock-in period expired. The expiry releases shares held by investors under the lock-in that had been in place for around one-and-a-half…

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