• Scienture Holdings, Inc. (NASDAQ:SCNX) saw a 36.51% drop despite announcing a new product launch, indicating market skepticism.
• Avalon GloboCare Corp. (NASDAQ:ALBT) experienced a 32.39% decline, possibly due to concerns over its new product's market reception.
• Acurx Pharmaceuticals, Inc. (NASDAQ:ACXP) faced a 30.20% decrease after announcing a registered direct offering, raising dilution concerns.

In the latest market update, several companies have experienced significant price movements, reflecting a range of underlying factors that investors should be aware of. Here's a consolidated analysis of the top losers, highlighting key developments and potential reasons behind their recent performance.

Scienture Holdings, Inc. (NASDAQ:SCNX) saw its price drop to $1.53, marking a significant decrease of 36.51%. Despite announcing a collaboration with Kindeva Drug Delivery L.P. to launch REZENOPY®, an opioid overdose treatment, the market reacted negatively. This could be due to broader sector trends or skepticism about the commercial success of the new product.

Avalon GloboCare Corp. (NASDAQ: ALBT) experienced a sharp decline of 32.39%, with its price falling to $7.37. The company recently introduced the "BrAce for Impact" affiliate marketing program for its KetoAir™ breathalyzer device. Despite this innovation, the substantial price drop suggests investor concerns about the product's market reception or unmet expectations.

Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) saw its stock price decrease by 30.20% to $0.4551. The company announced a $1.1 million registered direct offering, selling shares at $0.40 each. This move might have raised concerns about dilution among investors, affecting the stock price despite the company's focus on developing antibiotics.

AGM Group Holdings Inc. (AGMH) saw its price fall to $0.1517, a decline of 29.44%. As a technology company involved in trading solutions and cryptocurrency mining, its performance might reflect shifts in the tech and crypto markets. Investor reactions to its strategic directions and partnerships could also play a role in the price drop.

Wearable Devices Ltd. (WLDSW) experienced a decrease of 26.4%, with its price moving down to $0.46. The company, known for developing non-invasive neural input interfaces, might be facing market sentiment challenges regarding product adoption rates or development pipeline issues.

These movements underscore the importance of staying informed about company-specific developments, sector trends, and broader market dynamics. Investors should closely monitor these companies for any further announcements or updates that could provide additional context to these price changes.