Xylo Technologies Ltd. MDGS

I am very confused now why price go down

Why this go down

Surprised this is only up 7%

I see long

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Medigus (NASDAQ:MDGS) is up 41.09% after the medical technology company announces its plan to enter electric vehicle and charging market.
The company signs MoU with privately held EMuze founders to develop and potentially commercialize EV-based micro-mobility vehicles for urban and last mile logistics transportation, under a JV NewCo.
If the MoU goes through, Medigus will hold 19.99% of the JV for an initial investment of $0.25M, and may increase its holding up to 50.1%.
EMuze designs and develops electric mobility micro vehicles that have the ability to operate full days on a single charge, heavy duty design, available off-road versions and low cost of operation. It has already signed a manufacturing agreement with Ningbo Beijing Shen Jian Machinery Technology, which manufactures high-end scooters, E-mobility and skiing machines.
In addition, Medigus appoints General Motors (NYSE:GM) control systems lead Alon Davidi will act as its EV advisor.

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$MDGS take profits to $VTNR !! $$$$

Yeah dont torture yourselves yall...partys over