There is large downward pressure on the stock due to an impending lockup period expiry.
http://www.marketwatch.com/story/snap-short-sellers-bet-on-a...
http://www.marketwatch.com/story/snap-short-sellers-bet-on-a...
Why does everyone and their uncle think they can predict stock movements with lockup periods?
They don't. But every amateur with zero experience does.