why is AEVA dropping ?

The stock price of AEVA has experienced a significant drop on July 1, 2025, which can be attributed to the following factors: 1. **Overvaluation Concerns**: AEVA's stock surged by 74% over the past six months, leading to overvaluation concerns. Investors may have taken profits from the stock, contributing to the recent decline. 2. **Market Volatility**: The stock market, including tech stocks, experienced significant volatility. This broader market volatility could have impacted AEVA's stock price. In summary, the drop in AEVA's stock price is likely a result of a combination of factors including overvaluation concerns and market volatility. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |AEVA|AEVA.O|Aeva Technologies|20250623|8.7147|185| |AEVA|AEVA.O|Aeva Technologies|20250624|9.6999|185| |AEVA|AEVA.O|Aeva Technologies|20250625|-2.6693|185| |AEVA|AEVA.O|Aeva Technologies|20250626|15.0497|185| |AEVA|AEVA.O|Aeva Technologies|20250627|8.5518|185| |AEVA|AEVA.O|Aeva Technologies|20250630|3.7332|185| |AEVA|AEVA.O|Aeva Technologies|20250701|-19.290817676634028|185|