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Why is Transcode Therapeutics Inc (RNAZ) Stock down?

We've noticed a 7.74% decline in Transcode Therapeutics Inc (RNAZ) 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!
26 Sep, 2023:

TransCode Therapeutics, Inc. (RNAZ) shares dropped 72.91% after the company priced its $8 million public offering of 15.7 million shares at $0.51 per share.

https://www.benzinga.com/news/earnings/23/09/34916592/crude-oil-moves-higher-cintas-earnings-top-estimates

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