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Shareholders Intend to 'Offload' Their Stakes, Stock Price Crashes to Limit Down, JOINN Issues a Response
3 day ago /
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Author：小编
On March 17, JOINN's stock price plummeted to its limit down during intraday trading. It has been reported that shareholder Gu Xiaolei and his associated party, Gu Meifang, are planning to 'offload' their entire stakes. Specifically, they aim to divest 4.1026% of the company's total share capital within three months, starting after three trading days. Representatives from the securities department mentioned that the primary factor behind the sharp decline in the stock price was this news of stake reduction. Although shareholders have been incrementally reducing their holdings before, the scale of this particular reduction surpassed market anticipations, leading to a significant market response.
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