SKS Technologies shares fall 14% after executives sell 10 million shares
Shares of SKS Technologies dropped as much as 14% to A$9.61, their largest intraday percentage decline since May 2025, after executives sold 10 million shares. The company stated the sale was in response to investor interest.
61, marking their biggest intraday percentage decline since early May 2025. The stock fell to its lowest level since September 29 after the electrical technologies firm said Executive Chairman Peter Jinks, Executive Director Greg Jinks and an associated entity of Matthew Jinks sold 10 million SKS shares. SKS said the share sale came in response to a high level of inbound interest from investors. 7% year-to-date, including session moves.