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POP MART's N American Rev. Growth Slows Drastically; Short Positions Spike: Wire
Recommend 5 Positive 9 Negative 9 |
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The Labubu craze seems to be tapering off, sparking a sharp pullback in POP MART (09992.HK)'s recent stock price, Bloomberg reported. Pop Mart's North American revenue growth slowed to 424% this quarter (as of December 6), more than halving from the three months to September, the report said, citing YipitData. Bearish wagers against Pop Mart's stock have tripled since November to their peak since August 2023, S&P Global data showed. Pop Mart opened 0.92% lower today (18th), bottoming at HKD190. It last stood at HKD190.2, down 2.81%, with a trading volume of 2.7418 million shares, involving HKD524 million. AASTOCKS Financial News Website: www.aastocks.com |
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