Akanda is trading 5.17% down at $3.85 after continued profit-taking following the sharp August 14 rally tied to its Mexico fiber-network milestone.
- Its subsidiary completed a 200-kilometer network; the first 100 kilometers were accepted and are entering billing.
- Selling continued across August 17, August 18, and August 19, while broader market weakness and rising Treasury yields add pressure today.
- No new company-specific announcement was identified for August 20.