--- title: "Why Are Linkers Industries Shares Falling On Friday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/279967686.md" description: "Linkers Industries Ltd (NASDAQ:LNKS) shares fell 4.51% to 84 cents on Friday after a 51% surge the previous day. Investors are locking in profits following the company's SEC filing for an F-1 registration to offer up to 18.25 million ordinary units at approximately $0.9864 each. The company, which operates in Southeast Asia, plans to use the proceeds for potential acquisitions. Currently, shares are trading below their 20-day SMA but above the 100-day SMA, indicating short-term weakness. Over the past year, shares are up 21.95%." datetime: "2026-03-20T15:16:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279967686.md) - [en](https://longbridge.com/en/news/279967686.md) - [zh-HK](https://longbridge.com/zh-HK/news/279967686.md) generator: "portal-rs" --- # Why Are Linkers Industries Shares Falling On Friday? **Linkers Industries Ltd** (NASDAQ:LNKS) shares are falling on Friday. The stock traded around 85 cents following a massive 51.36% jump during Thursday’s session. Investors appear to be locking in profits after the stock closed Thursday at 88 cents. **• Linkers Industries stock is feeling bearish pressure. What’s behind LNKS decline?** ## **SEC Filing Details Unit Offering** The price action follows a Form F-1 registration statement filed on Monday. Linkers Industries is offering up to 18.25 million ordinary units at approximately $0.9864 per unit. ## **Strategic Expansion in Southeast Asia** The company operates through its subsidiary, TEM Electronics in Malaysia. It recently expanded its footprint by acquiring 20% of **LPW Electronics Co.** in Thailand. This associated company owns a 6,500-square-meter production facility. Linkers plans to use the offering proceeds to potentially acquire further equity interests in LPW. ## **Technical Analysis** Linkers is trading 24.6% below its 20-day simple moving average (SMA), but 26.5% above its 100-day SMA, which signals short-term weakness while the intermediate trend remains intact. Shares are up 21.95% over the past 12 months, and at current levels they're positioned closer to the 52-week low of 27 cents than the 52-week high of $1.68. The RSI is at 47.10, which sits in neutral territory. Meanwhile, MACD is at -0.0537 versus a signal line at 0.0071. - **Key Resistance**: $1 - **Key Support**: 50 cents **LNKS Stock Price Activity:** Linkers Industries shares were down 4.51% at 84 cents at publication on Friday, according to Benzinga Pro data. ### Related Stocks - [LNKS.US](https://longbridge.com/en/quote/LNKS.US.md) ## Related News & Research - [Kevin Warsh Offered a Warning on Inflation. Here's What History Says Is Coming Next.](https://longbridge.com/en/news/303926259.md) - [Google Says Demand Will Swallow Every Data Center It Builds](https://longbridge.com/en/news/303998103.md) - [Microsoft Just Revealed a $677 Billion Reason to Buy Its Stock](https://longbridge.com/en/news/303993065.md) - [Grok Bot Users Hit Unexpected Usage Limits as Musk Cites Rising Costs](https://longbridge.com/en/news/303989157.md) - [Park Avenue Securities LLC Sells 1,265 Shares of Meta Platforms, Inc. $META](https://longbridge.com/en/news/303952274.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**