• The S&P 500 and NASDAQ Composite dropped on Thursday as five stocks experienced significant losses.
• Creative Realities Inc. (NASDAQ: CREX) saw a 36.45% decline in stock prices after the pricing of its public offering was set at $2 per share.
• Tremor International Ltd. (NASDAQ: TRMR) reported financial results for the three and six months ending June 30, 2023, but shares still dropped nearly 30%.

Stock Market Down – Five Stock Losers

The S&P 500 dropped 0.1% as the blue-chip Dow Jones Industrial Average remained below the flat line while the NASDAQ Composite dropped 0.4%. Here are five stocks that experienced significant declines:

Creative Realities Inc.

Shares of Creative Realities Inc.(NASDAQ: CREX) experienced a significant decline, shedding 36.45% after the pricing of its public offering was set at $2 per share. This caused their stock to fall to $2 in premarket trading, contradicting their 72% year-to-date gain recorded at Wednesday’s market close. Creative Realities announced its plan to offer 3 million shares with expected proceeds of $6 million.

Tremor International Ltd.

Tremor International Ltd.(NASDAQ: TRMR)reported its financial results for the three and six months ending June 30, 2023 which were respectable but shareholders still sold off nearly 30% of the stock today. Highlights included Q2 2023 Contribution ex-TAC being up 13%, reaching $80.2 million from $70.8 million in Q2 2022 while H1 2023 Contribution ex-TAC rose 4%, reaching $147 million from $141 in H1 2022 .

Check-Cap Ltd.

Check-Cap Ltd.(NASDAQ: CHEK) announced a definitive Business Combination Agreement with Keystone Dental Holdings Inc., resulting in shareholders selling off their stock out of caution until future earnings are reported by Check-Cap Ltd.. This combined public company will be based in Irvine with focus on driving commercial execution and market development making use of Keystone Dental’s extensive portfolio solutions for tooth replacement implants and arches .

Natural Alternatives International Inc.

Natural Alternatives International Inc.(NASDAQ: NAII), a premier formulator, manufacturer, and marketer of customized nutritional supplements has announced a temporary shutdown of its recently opened manufacturing facility due to technical issues causing it to miss out on previously planned product launches this summer .

AMCI Acquisition Corp.

AMCI Acquisition Corp.(NYSE: AMCI) saw shares drop more than 18 percent after reporting an increase in expenses due to higher professional fees associated with its merger agreement with ION Energy Group . Investors seem concerned about these elevated costs although there is potential upside should ION Energy Group successfully develop clean energy projects stemming from this transaction .

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