Pasithea Inc. Shares Plunge 27.89% as Q3 Revenue Freefall and Governance Turmoil Trigger Liquidity Fears

Pasithea Inc. shares plunged 27.89% in pre-market trading on November 20, 2025, marking one of the steepest intraday declines in the company’s recent history. The sharp selloff triggered immediate liquidity concerns among institutional investors and raised questions about the sustainability of its current business model.

Recent regulatory filings revealed a material decline in Q3 revenue, with guidance indicating a 45% year-over-year drop in core product sales. Analysts attributed the pre-market crash to a combination of deteriorating fundamentals and profit-taking from short-term speculative positions. The stock’s volatility also coincided with broader market jitters over macroeconomic headwinds, though its magnitude remained disproportionately severe compared to sector peers.