Why Is Veritone ( $VERI) Stock Down -36.97% Today? (Find out why any stock moved today on Tickeron.) Shares plunged 36.97% to roughly $0.75 intraday, down from a prior close of $1.19. The primary catalyst was a dilutive $15 million registered direct offering of 20 million shares, implying a sharply discounted issue price of about $0.75 per share. Proceeds are earmarked to repay or restructure convertible debt, underscoring balance-sheet pressures. $COIN $HOOD $RIOT $CLSK