Datchat, Inc. shares fall 7.74% intraday after recent business expansion and product launches.

Datchat, Inc. plunged 7.74% intraday, as the company's flagship product DatChat Messenger & Private Social Network allows users to control their messages even after sending, enhancing privacy protection. Additionally, the company recently expanded its business and product line with the launch of Myseum, a social network and multimedia storage platform for consumers and enterprises. Despite the recent decline, DatChat's stock has surged 36.96% over the past five days, indicating positive market response to its business development.