TRON Inc. stocks have plummeted nearly 90% since listing, with TRX only down slightly by 9%

TRON Inc., the company founded by Justin Sun, has experienced a sharp decline in stock price, dropping nearly 90% since its public listing last year. In the most recent trading session, the stock closed at $1.36.

According to NS3.AI, this company—focused on manufacturing toys and licensed merchandise—struggles to achieve sustainable profits. Most of its financial results currently rely on unrealized gains from holding and staking TRX tokens, rather than core business operations.

Notably, while TRON Inc.'s stock has plummeted, the TRX token has only decreased by about 9%, indicating a significant disconnect between the company's financial situation and the price movement of the related digital asset.