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Why is Amphastar Pharmaceuticals Inc (AMPH) Stock down?

We've noticed a 5.08% decline in Amphastar Pharmaceuticals Inc (AMPH) stock during the 2024-12-13 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!
12 Sep, 2023:

Amphastar Pharmaceuticals shares declined 9.21% to $46.64 on Tuesday after the company said it intends to offer $300 million of convertible senior notes due 2029 in a private placement.

https://www.morningstar.com/news/dow-jones/202309125394/amphastar-pharmaceuticals-shares-down-9-after-private-notes-offering

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