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Why is Amkor Technology Inc (AMKR) Stock down?

We've noticed a 5.25% decline in Amkor Technology Inc (AMKR) stock during the 2024-10-29 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!
07 Sep, 2023:

Amkor Technology, Inc. (AMKR) experienced a sharp decline of 16.32%, with its stock price dropping to $22.81. This significant drop came after Amkor Technology announced a secondary offering of 10 million common shares by The Kim Family, priced at $24 per share.

https://finance.yahoo.com/news/amkor-technology-announces-pricing-secondary-004700301.html

$178.40
price up icon 2.42%
$167.21
price up icon 3.30%
$76.29
price up icon 1.42%
$101.81
price up icon 1.87%
semiconductor_equipment_materials TER
$105.86
price up icon 2.09%
Cap:     |  Volume (24h):