"the price of VTGN dropped in 2019 in similar fashion and rallied 10x over the next two years, .33 to 3.30 in 2021."
Friday's drop was 86% and it was based on a clinical trial failure. So was the May 2019 drop but that was closer to 50%.
Obviously the current failure was deemed more critical to the Company by the market.
This thing took a lot longer to drop 86%. It took since November. But it wasn't event related. It just crapped out...died from lack of interest. This CEO can't even put a filing together. Or maybe he's just afraid to.