Shares of hospitality company Selina Hospitality (NASDAQ:SLNA) are continuing their wild ride. The company recently completed its merger with SPAC BOA Acquisition Corp. Last week, SLNA shares had skyrocketed fourfold upon commencing trading.
Since then though, the downward spiral in share price has been equally swift with a drop of ~78% in the last five days.
Moreover, shares are down a further 9% in today’s pre-market session so far.
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