CASI stock closed at $2.475 on January 31, 2025, with a slight decline of 0.80%. The bearish view stems from its weak financial performance, including a Q3 2024 EPS of -$0.55 despite improvement from the prior year, and ongoing challenges like the Evomela® license termination dispute. Additionally, the recent $200M mixed securities shelf filing signals potential dilution, further pressuring the stock price.