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Why is Sana Biotechnology Inc (SANA) Stock down?

We've noticed a 7.11% decline in Sana Biotechnology Inc (SANA) stock during the 2024-11-21 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
13 Sep, 2023:

Sana Biotechnology (SANA) shares slid 9.75% to $5.14, due to the news that a company spokesperson, speaking at the Morgan Stanley Healthcare Conference, announced plans to file an IND for the SC291 autoimmune disease candidate in Q4.

https://www.msn.com/en-us/health/medical/sana-biotechnology-falls-after-pipeline-updates/ar-AA1gFiGx

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