Sivers Industries shares continued their sharp decline on Friday, falling in line with a severe sell-off across the global semiconductor sector.
The Swedish chip designer was caught in the crossfire of a broader market reversal that saw technology stocks under heavy pressure in both Asian and US trading sessions.
The stock's drop reflects the ongoing repricing of risk in the tech-heavy indices.
While the steepest losses moderated toward the close of trading, the overall sentiment remained fragile.
The decline eroded value for major shareholders, including the company's largest owner, as the market digested the widening losses across the industry.
This move follows a turbulent period for equities, with Asian markets suffering a severe overnight sell-off led by semiconductor names.