Unitree Technology Falls for 5 Consecutive Days, Stock Price Nearly Halved, Market Cap Drops by 205.6 Billion CNY

Unitree Technology (688836-CN), dubbed China's 'first humanoid robot stock' on the A-share market, closed down 1.87% today (26th), with its share price at CNY 591.53 (all amounts in CNY). The closing price officially fell below the 600 CNY mark, bringing its total market capitalization to CNY 239.3 billion.

Compared to its historical high of 1,100 CNY, Unitree's share price has dropped by 46.2%, nearly halving, resulting in a market cap reduction of CNY 205.6 billion.

Unitree officially debuted on the capital market on the 19th, surging 460.34% on its first trading day. However, it has posted losses for five consecutive trading days since the 20th, with two days recording declines exceeding 10%.

Specifically, over these five trading days, Unitree's share price fell by 18.7%, 2.12%, 10.31%, 0.05%, and 1.87% respectively. The stock opened at 1,100 CNY on its debut day, which was also its all-time high, and closed at 845 CNY that day.