Why is mkdw falling?

The stock price of MKDW has experienced a decrease from May 30 to June 3. The decline in MKDW's stock price can be attributed to the following factors:

1. **Overvaluation**: The stock price of MKDW has experienced a significant increase of 111.72% in the pre-market session on June 5, 2025, which may indicate that the stock was overvalued. Such a substantial pre-market increase can lead to a subsequent correction as the market adjusts to the new price.

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|MKDW|MKDW.O|MKDWELL Tech|20250529|-1.9608|186|
|MKDW|MKDW.O|MKDWELL Tech|20250530|0|186|
|MKDW|MKDW.O|MKDWELL Tech|20250602|3.3333|186|
|MKDW|MKDW.O|MKDWELL Tech|20250603|-3.2258|186|
|MKDW|MKDW.O|MKDWELL Tech|20250604|6.4|186|
|MKDW|MKDW.O|MKDWELL Tech|20250605|6.399999999999999|186|

2. **Lack of Positive News**: From May 29 to June 3, there were no positive news articles about MKDW. The lack of positive news can contribute to a decline in investor confidence and lead to selling pressure.
3. **Market Sentiment**: The overall market sentiment can also impact individual stock prices. If there is a general decline in the market or a shift in investor sentiment, it can affect MKDW's stock price even if there is no company-specific news.

In conclusion, the decline in MKDW's stock price is likely a result of a combination of factors including overvaluation, lack of positive news and market sentiment.