Neutral/Negative Catalysts
- Earnings/event risk: Upcoming results and guidance are a major catalyst; the market is pricing big moves (very high IV). (Data shows earnings on 2026-02-12 pre-market; company also announced results release on 2026-02-26—timing uncertainty still implies catalyst risk.)
- Fundamental pressure: News flow highlights substantial financial losses; recent negative coverage includes a “Reduce” stance.
- Technical overhang: Downtrend intact (bearish MA stack); failure to reclaim ~5.41 increases risk of a move back toward ~4.91 / ~4.61.
