The stock price of INEO has experienced a decrease from June 4 to June 51. INEO's recent decline can be attributed to the following factors:
- Settlement with COENDA: The settlement with COENDA may have led to uncertainty in the company's management and direction, which could have negatively impacted investor confidence23.
- Financial Results: Although INEO reported revenue growth in Q3 2025 driven by new partnerships and global expansion, the stock price decline may reflect investor concerns about the company's financial health and future prospects45.
In conclusion, INEO's stock price drop is likely a result of a combination of factors including settlement with COENDA and financial results.