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Why is Tonix Pharmaceuticals Holding Corp (TNXP) Stock down?

We've noticed a 5.89% decline in Tonix Pharmaceuticals Holding Corp (TNXP) 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:

Tonix Pharmaceuticals Holding Corp. (TNXP) dipped 22.9% to $0.5450 after the company reported pricing of $4.5 million public offering.

https://seekingalpha.com/news/4016580-tonix-pharmaceuticals-slumps-30-prices-45m-equity

$20.30
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$374.10
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$52.67
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$207.67
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$108.59
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