I'm down about 35% on this stock and that's after averaging...

I'm down about 35% on this stock and that's after averaging down, what's the go with decline?
It seems on the back of the UK denying its claims it was effective against COVID-19 which seemed fair.
Then when the approval came through it hardly budged the SP before coming back down, then the Meeting Presentation helped the SP but now it's back again.

Will we ever see the $2 mark again? I know even when/if there is a vaccine we will still need sanitizers however the stock market doesn't feel that way which is being reflected with the downward trend over the last couple of months.