CJ Stroud seeing his draft stock drop out of nowhere

What in the heck is going on here? For a while, it felt like quarterback CJ Stroud had a strong chance to potentially go No. 1 overall in the NFL Draft. However, that doesn't appear to be the case anymore. Matter of fact, we may not see Stroud go as early as we thought.
Per a report, Stroud's stock has indeed dropped quite a bit. The Ohio State stud could fall out of the top five, which would be surprising.
CJ Stroud is reportedly no longer a “sure-fire” top five selection.
— NFL Rookie Watch (@NFLRookieWatxh) April 24, 2023
NBC Sports’ Peter King said he believes Stroud isn’t even a “lock” to go within the top seven picks.
One NFL executive recently said that he has labeled Stroud as a “bust” after his low score of 18 on the S2… pic.twitter.com/9HJ4sAhTbZ
If Stroud is still on the board, would the Colts really pass on him at No. 4? We'll find out on Thursday night.