Picocela shares fall 17.05% premarket amid technical correction following prior day's 46% surge without clear catalyst.

Picocela plunged 17.05% in premarket trading following an intraday 46% surge driven by technical rebound and speculative trading without clear fundamental catalysts. The sharp reversal suggests market exhaustion after the previous session’s algorithmic-driven rally, with sector divergence (Communication Equipment peers like Ericsson down 1.5%) highlighting idiosyncratic volatility. No recent corporate news, earnings, or regulatory updates have emerged to justify the premarket decline, pointing to profit-taking or short-term positioning adjustments. The 21.97% float turnover during the surge underscores aggressive short-term trading, while the lack of options liquidity or sector alignment further indicates a technical-driven move. An older 2020 news event about funding from four firms, including Shimizu Corporation, is unrelated to the current premarket drop.