Trevena Inc. Plunges Off Open

Trevena Inc. TRVN shares are trading lower by $0.77 at $11.82 in Tuesday's session. At this time, there is no relevant news to account for the sharp decline. Off the open, it immediately peaked $0.04 above Monday's close ($12.59) and began to sell off. The ensuing decline picked up momentum once it breached Monday's low ($12.33). So far, it has found intraday support ahead of its November 19 low ($11.04) at $11.30 and it is struggling to reenter handle.