The negative impact on BGSF's stock price is primarily due to the worse-than-expected Q1 sales results, which typically signals operational challenges or a declining market demand for its services. The suspension of the quarterly cash dividend further exacerbates investor concerns, as dividends are often seen as a sign of financial health and stability. The announcement of exploring strategic alternatives could introduce uncertainty, which generally leads to volatility in the stock price. However, this could also signal potential for future positive developments depending on the outcome of the strategic review.