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At the same time, a humorless workplace would be a dreadful place to work in, and research shows that when managers fail to take humor seriously, it demoralizes their teams and impairs their performance.
Source: https://www.forbes.com/sites/tomaspremuzic/2023/07/09/is-humor-still-acceptable-at-work/
With that in mind, it makes sense that today’s stock offering would result in NXU stock losing value, as this demoralizes investors.
Source: https://investorplace.com/2023/08/why-is-nxu-nxu-stock-down-32-today/