Meihua International Medical Technologies Co Ltd (MHUA)

Meihua International Medical Technologies Co Ltd (MHUA) stock dropped by 33.95% due to the company's announcement regarding a securities purchase agreement. Meihua International Medical Technologies disclosed that it had entered into a securities purchase agreement with investors to issue and sell an initial $6 million tranche as part of an offering of $50.5 million of its securities. Such offerings and agreements can sometimes lead to declines in a company's stock price as investors react to changes in the company's financial structure or capital raising efforts.