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Why is Portage Biotech Inc (PRTG) Stock down?

We've noticed a 9.56% decline in Portage Biotech Inc (PRTG) stock during the 2024-12-23 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:

Portage Biotech Inc. (PRTG) fell 7.52% to $2.09 after entering into a definitive agreement for the purchase and sale of 3.16 million shares of common stock at a purchase price of $1.90 per share.

https://seekingalpha.com/news/4016685-portage-biotech-announces-6m-registered-direct-offering

$69.91
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$19.00
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$40.27
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$360.87
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$181.62
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$114.13
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Cap:     |  Volume (24h):