This marks the fifth consecutive day of significant losses for TEAM, with the stock down roughly 25% over this period. The executive departure disclosed in the 8-K filing, combined with the Citi price target cut, provides a clear catalyst for continued selling pressure. Earlier in the week, broader tech weakness from China-related Nvidia chip concerns may have contributed to initial selling, but the company-specific news now appears to be driving the extended decline.
This is a permanent link to this specific analysis (ID: 2304)
Back to Dashboard