🔴 SRX Global is trading 6.1% down today as traders lock in profits following a massive two-day rally

SRX Global is trading at $2.39 (down 6.1%) in after-hours trading as investors secure profits following a significant two-day surge.

• The stock climbed 45% on July 8 and over 28% on July 9, fueled by the announcement of a one-time cash dividend and a $20 million share repurchase program.
• Market participants are now reassessing the stock's recent volatility in the context of the company's balance sheet and the current regulatory backdrop.