DarioHealth Corp (DRIO)

[Taylor Orion]

This definitely looks like a short selling push, considering the low volume, and the timing in which these share blocks are being sold off. If the new investors had converted preferred shares to common stock, the company would have been forced to release the news of conversion. If we don't see a PR/filing of conversion, then we can assume either panic sales or manipulation attempts in light of low volume and lack of buying pressure. I assume a recovery of price to occur in the afternoon session without evidence of significant abandonment of shares by retail stock holders.