I held my position over the weekend because I knew this news will be read by people during the weekend.
Premarket today it dropped 9 % and was heading in the right direction. When the market opened it dropped quickly with 17 %. The morning low was at around $2.92 and my target was $2.90. But it didn't reach my target and bounced a bit and held the $3.00 level pretty solid. So I covered my position at $3.10 and took a safe 19,5 % profit.
I had a plan and it went pretty well.