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Why is Capricor Therapeutics Inc (CAPR) Stock down?

We've noticed a 5.90% decline in Capricor Therapeutics Inc (CAPR) stock during the 2024-10-31 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
29 Sep, 2023:

Capricor Therapeutics, Inc. (CAPR) fell 41.2% to $3.42 after the company entered into agreements for the issuance and sale of 4.94M shares at an exercise price of $5.70 per share.

https://seekingalpha.com/news/4016689-capricor-therapeutics-slumps-25-prices-23m-equity

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$207.67
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