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Moore Threads Addresses 20% Stock Price Plunge: 25 Million Shares Now Unlocked, Urges Rational Perspective
1 day ago /
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Author：小编
This morning, Moore Threads experienced a sharp 20% decline in its stock price during trading hours, eventually closing at RMB 415.49 per share. This drop brought the company's total market capitalization to RMB 195.3 billion. According to personnel from the company's securities department, today signifies the end of the lock-up period for shares initially allocated offline. Consequently, over 25 million restricted shares have been released and are now eligible for trading. These shares predominantly originate from public funds and offline institutional investors who took part in the IPO subscription during the company's listing phase. This event represents a standard milestone in capital operations following the company's public debut.
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