Why Is Inspire Veterinary (IVP) Stock Down 25% Today?

Inspire Veterinary also outlined its plans for the funds raised from this public offering. The company intends to use the money for "working capital, general corporate purposes, payments to a third-party marketing agency for services related to marketing and advertising, strategic investments, and any additional future acquisition (if any)." The price of the shares in the public offering was also well below the closing price of IVP stock. This is likely another reason why the company's shares are losing gro ...