Why Is China SXT Pharmaceuticals ($SXTC) Stock Down -86.93% Today? (Find out why any stock moved today on Tickeron.) SXTC shares plunged roughly 87% in Thursday's session, retreating from Wednesday's close of $2.83 to around $0.37. The primary catalyst was a newly announced $12 million registered direct offering priced at $1.50 per share — a steep discount to the prior close. Warrant terms attached to the deal carry heavy dilution potential, with zero-cash exercise features that could add tens of millions of shares. The decline also reflects an unwinding of Wednesday's speculative surge, when the stock more than doubled on extreme volume. $AQST $SNDL $RDY