Hot stock: PropNex falls back 15.2% from previous week’s highs

SHARES of PropNex opened the new trading week lower on Tuesday (May 2) morning, after a surge in share price at the previous week’s close.

As at 10.29 am, PropNex’s shares were down 15.2 per cent or S$0.19, after 2.9 million shares changed hands. It hit a low of S$1.06 – closer to its adjusted closing price of S$1.005 on Apr 27, before it jumped to S$1.25 on Apr 28.

No married deals were recorded in early trading hours, ShareInvestor data indicated.