Why is Nyxoah decline recently?

The stock price of Nyxoah (NYXH) has experienced a significant decrease of 15.8% in the pre-market session on June 5, 2025, which may be indicative of a broader market trend or specific company news. Nyxoah's recent decline can be attributed to the following factors:

1. Institutional Holdings Reduction: Vestal Point Capital, a significant institutional shareholder, has reduced its stake in Nyxoah, decreasing from 3,000,688 to 1,809,843 voting rights. This reduction represents a 39.7% decrease in their holdings and lowers their ownership to 4.84%, falling below the critical 5% threshold. Such a significant reduction in holdings by a major institutional investor can signal a lack of confidence in the company's future prospects, leading to a negative perception among investors.
2. Market Dynamics: The stock's performance over the recent two weeks has been volatile, with a notable 6.97% drop on May 23, 2025, followed by a 2.42% increase on May 30, 2025. The fluctuating market dynamics could contribute to investor uncertainty and lead to selling pressure.

In conclusion, Nyxoah's decline is likely a result of a combination of institutional减持 and market dynamics. These factors, coupled with the broader market trends, have contributed to the recent decline in Nyxoah's stock price.