AVYA is down -14% today. Is there a catalyst?

Shares of Avaya Holdings Corp (AVYA) are trading -14% lower at a price of $1.31 at the time of this writing. The stock is underperforming peers on a mildly melancholic day for the Information Technology sector.

Some things that could potentially be moving the share price:

Avaya Holdings Corp has been trading between a 52-week high of $22.47 and a 52-week low of $0.5962. The stock has a market cap of $112 Million.

Businesses are built by the experiences they provide, and every day millions of those experiences are delivered by Avaya Holdings Corp.. Avaya is shaping what's next for the future of work, with innovation and partnerships that deliver game-changing business benefits. Tha Company's cloud communications solutions and multi-cloud application ecosystem power personalized, intelligent, and effortless customer and employee experiences to help achieve strategic ambitions and desired outcomes.


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

BigBoiBenisBalls - 12 upvotes - source
AVYA 3 $1.5c 9/16 5 $5c 9/16 200 $3c 9/16 50 $10c 9/16

CollegeBroski - 9 upvotes - source
AVYA. One man’s trash is another man’s treasure. Hop in and find out 🤡.

LunaticPuppet - 7 upvotes - source
AVYA market cap 130m revenue 2.8b

luponicdistortion - 6 upvotes - source
All my homies are buying AVYA

Salty_Reflection_603 - 5 upvotes - source
BBBY and AVYA looking good today

HisWife00000 - 5 upvotes - source
I had AVYA but it triggered my stop loss. Looks good. I might jump back in.

JasperLegendaryJew - 4 upvotes - source
Bought Avya few daya ago gained 40% Lets pump this bitch idiots

1evolvedchimp - 3 upvotes - source
AVYA

nawfisde4ever - 3 upvotes - source
Waiting for AVYA to moon lol

ZookeepergameTime169 - 2 upvotes - source
Absolutey AVYA