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Why is 60 Degrees Pharmaceuticals Inc (SXTP) Stock down?

We've noticed a 5.58% decline in 60 Degrees Pharmaceuticals Inc (SXTP) stock during the 2024-11-15 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!
19 Sep, 2023:

60 Degrees Pharmaceuticals, Inc. (SXTP) shares fell 25.48% to $0.86 after the company said it has withdrawn its COVID Phase IIB investigational new drug and announced plans to resubmit pending assessment of ability to meet FDA requirements.

https://www.benzinga.com/news/23/09/34736830/why-terran-orbital-shares-are-trading-lower-by-19-here-are-other-stocks-moving-in-tuesdays-mid-day-s

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