RE:Question for savy Investors. Lots of reasons. Shorts attack M&A's! Insiders manipulate the stock to keep it down so that the metrics of the sale don't go out of whack, Dilution scares for the investors, profit taking. Normally the acquiring company drops in price and the company being acquired sky rockets for a short time period.
This is one of the only normal things happening in the Canna sector lol. Everything else about this sector is abnormal, well almost everything.