Everpure's stock price plummeted 5.57% during intraday trading on Friday, reflecting significant negative sentiment among investors.

The sharp decline follows a recent analyst downgrade by Citigroup, which shifted its rating on Everpure from Buy to Neutral and set a price target of $90. This downgrade from a major financial institution has contributed to selling pressure on the stock.

The broader Technology Hardware, Storage & Peripherals sector also traded lower during the session, potentially amplifying the downward movement for Everpure and other companies within the sector.