Why Is Roma Green Finance (ROMA) Stock Down 19% Today?

Group 1 - Roma Green Finance (NASDAQ:ROMA) experienced significant stock volatility following its initial public offering (IPO), where it sold 2.45 million shares at $4 per share [1] - The stock price surged to a high of $11.33 during normal trading hours after the IPO but could not sustain this level, closing down 27.5% at $2.90 per share [1] - On the following day, the stock continued to decline, falling 19.3% in pre-market trading with approximately 650,000 shares changing hands [2] Group 2 - Roma Green Finance operates as an advisory services company in Hong Kong and Singapore, focusing on environmental, social, and governance sustainability, as well as climate change advice [2]