Today's Negative tradingVery likely due to the fact that Viemeds stock has been put on the Russell 3000 preliminary delist dated June 3rd /2022. This should come as no surprise to anyone, as the SP has been beaten up for quite sometime now and does not meet valuation requirements at this time. Final delisting information will be posted after market close on June 24th / 2022.
I also suspect some investors are selling VMD and moving into QIPT as they have now been put on the preliminary Russell microcap inclusion list dated June 3rd /2022. Many will remember the exciting trading action that took place with Viemeds stock after being put on the Russell 3000 inclusion list a couple years back.
I am not saying the same will happen to Quipts SP, times are much different now, markets are way different, investors mindsets are very much different these days and I do not know how investors react to the Russell microcap environment these days.