Why Did Expro Group (XPRO) Plunge 17.65% Amid Institutional Shifts?

On May 1, 2025, Expro Group's stock experienced a significant drop of 17.65% in pre-market trading, sparking concerns among investors and analysts alike.

Invesco Ltd. has increased its stake in Expro Group Holdings (NYSE:XPRO), indicating a potential vote of confidence in the company's future prospects. This move comes as part of a broader strategy by Invesco to adjust its portfolio holdings, which may have influenced market sentiment towards Expro Group.

Additionally, Expro Group Holdings (NYSE:XPRO) has seen a reduction in its stock position by L & S Advisors Inc, which could be a sign of shifting investment strategies or concerns about the company's performance. This development, along with other institutional adjustments, may have contributed to the recent volatility in Expro Group's stock price.