Why Is Elong Power Holding ($ELPW) Stock Down 13% Today? ELPW shares fell roughly 13% (down 12.98%) to about $1.14, extending the prior session's steep slide.

Why Is Elong Power Holding ($ELPW) Stock Down 13% Today? ELPW shares fell roughly 13% (down 12.98%) to about $1.14, extending the prior session's steep slide. The primary catalyst is continued fallout from a dilutive warrant-inducement agreement that raises capital while issuing millions of new wa…