Why JAGX fell 23.1% on Sep 24 2026: share issuance
JAGX-23.1%on Thu Sep 24 2026
Jaguar Health, Inc. was down 23.1% on the day at $6.85, ranked #1 on 53.7× its usual five-minute volume, when TapeRank recorded this drop at 09:26 ET during the pre-market session. TapeRank recorded 2 events for JAGX that day, between 04:05 and 09:26 ET, and each is in the timeline below.
THE DAY ON THE LIST · 2 EVENTS
- 04:05 ETUNEXPLAINED MOVE · PRE-MARKET
$7.50 · ▼ 15.8% ON THE DAY · 6.4× 5M RVOL · RANK #10
UNEXPLAINEDNO FILINGS · RULEJAGX is down 10.2% on the day on no measurable its normal volume for this time of day. No filings or headlines were found in SEC EDGAR filings and Benzinga wire headlines in the last 24 hours, so this is order flow rather than a disclosed catalyst.
WHYNo filings or headlines within 24 hours of the move.ANALYZED 04:02 ET · 3 MIN AGO · RULE, NO MODELTHE ROW AND SESSION LEVELS AT 04:05 ET
LAST7.50DAY▼ 15.8%5 MIN▼ 6.83%5M RVOL6.4×5M $VOL$96KFLOAT—RANK#10SESSIONPRE-MARKETVWAP8.10HOD8.22LOD7.75OR HIGH—OR LOW—PREV CLOSE8.91PM HIGH8.22PM LOW7.75GAP▼ 10.21% (indicated)— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
- 09:26 ETMOVER · PRE-MARKET
$6.85 · ▼ 23.1% ON THE DAY · 53.7× 5M RVOL · RANK #1
JUSTIFIEDCONFIDENCE5/5JAGX is down 19.2% despite a sharp 11.98% rebound in the last five minutes after disclosing a 547,898-share note exchange and maintaining an active ATM with up to $9.82 million of remaining capacity. The equity issuance and ongoing financing overhang are concrete dilution catalysts that support the broad decline, while the recent bounce is order flow against that pressure.
WHYA 19.2% decline is large, but issuing shares equal to roughly 42.7% of reported outstanding stock plus an active $9.82 million ATM is materially significant enough to support it.ANALYZED 09:28 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 09:26 ET
LAST6.85DAY▼ 23.1%5 MIN▼ 14.59%5M RVOL53.7×5M $VOL$503KFLOAT—RANK#1SESSIONPRE-MARKETVWAP8.05HOD9.00LOD5.53OR HIGH—OR LOW—PREV CLOSE8.91PM HIGH9.00PM LOW5.53GAP▼ 25.14% (indicated)— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
THE SESSION
- 09:30 ETOpened at $7.03, -21.1% on the previous close of $8.91
- 09:52 ETRegular-session low, $6.02
- 13:22 ETRegular-session high, $7.72
- 15:59 ETLast trade of the regular session, $6.94, -22.1% on the previous close of $8.91
- Volume: 1.5M shares in regular hours, 556K before the open
JAGX opened at $7.03 after falling sharply before the open, then slipped to a session low of $6.02 by 09:52 ET. TapeRank initially found the move unexplained, but later read the decline as justified by an SEC 8-K disclosing a 547,898-share note exchange and an active ATM offering with up to $9.82 million of remaining capacity, identifying share issuance and financing overhang as the catalyst. The stock rebounded to $7.72 at 13:22 ET before giving back ground and ending at $6.94, still below the previous close.
WRITTEN THU OCT 15 2026 17:55 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
Open the full list