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AYRO - Ayro: Driven To Deliver Negative Shareholder Value
AYRO Inc.
Ayro's stock price has fallen by 74% from its February peak.
This has primarily been driven by the impossibly high valuation it attained then on the back of rabid investor hype over the prospects of the EV sector.
While the company's financials show some progress, they still lack the operational momentum required for strong future shareholder returns.