Echoiq (EIQ) is held by 5 ASX ETFs. Over the last 3 months it fell 68.1%: on $10,000, −$6807. We explain 2 big moves in that time.
About EIQ
- SectorInformation Technology
- IndustrySoftware & Services
- Size$418.6m
- Held by5 ETFs
- Big moves2 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +31.4%peak +33.1%18 Sep 2026· Regulatory
Echo IQ shares surged after the company outlined a path forward for its EchoSolv HF product following an FDA setback, with investors reassessing the regulatory risk as potentially fixable rather than terminal.
- −50.0%peak −63.3%9 Sep 2026· Regulatory
EchoIQ's stock collapsed after the FDA rejected its EchoSolv HF application, with the company halting trading on 7 September ahead of the regulatory update announcement.
Held by 5 ETFs
Of every $10,000 in each fund, how much is in EIQ today.
Why did EIQ fall 50.0% on 9 Sep 2026?
Echoiq
EchoIQ's stock collapsed after the FDA rejected its EchoSolv HF application, with the company halting trading on 7 September ahead of the regulatory update announcement.
The evidence is highly convergent: AFR reported an FDA rejection of EchoSolv HF on 7 September, a trading halt was announced the same day pending a regulatory update, and EIQ then filed a market-sensitive 'EchoSolv HF FDA Application Update' webcast announcement on 8 September — all directly preceding the ~61% price collapse. The IT sector index fell only 0.15% on the same day, ruling out broad sector contagion as a material driver. The sequence of trading halt, market-sensitive announcement, and the explicit AFR headline about FDA rejection leaves little ambiguity about the primary cause.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
Company announcements
News coverage
Sector / macro signals
What it did to the 5 ETFs holding EIQ
On $10,000 in each fund, at the weight it holds today