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Why is GigaCloud Technology Inc (GCT) Stock down?

We've noticed a 5.71% decline in GigaCloud Technology Inc (GCT) stock during the 2024-05-15 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!
28 Sep, 2023:

GigaCloud Technology Inc. (GCT) was down, falling 18.8% to $7.69 after Culper Research issued a short report on the stock. Culper suggested the e-commerce specialist was stretching the truth about its operations in the U.S., inspiring it to short the company's stock.

https://www.fool.com/investing/2023/09/28/why-gigacloud-technology-stock-plummeted-today/

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