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Cryptoluter

$UNITREE Stock Cools Off With Sharp Correction After Record IPO Debut



After Tuesday's explosive debut, Unitree's stock experienced significant profit-taking on August 20. In morning trading, the share price dropped by over 16%, hitting a low of 700 yuan, down from its opening price of 790 yuan . This pullback was seen as a natural market correction following the stock's staggering 460% close on its first day, during which it had opened 629% higher . Despite this drop, with a market cap around 2.9 trillion yuan, the company’s valuation still far exceeds its initial IPO pricing .#GateStockInsightsChallenge
UNITREE-18.01%
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RiskHedger
· 24m ago
Bagholders’ tears.
Reply0
BetaValue
· 1h ago
Up 629% from the opening price to a low of 700—heaven to hell in a single day. Unitree genuinely has the technology, but its stock price has already priced in the next decade or more of growth. Entering now is simply carrying institutions to profit.
Reply0
AirdropHand
· 1h ago
After a sharp surge comes a sharp crash—buckle up.
Reply0
ZeroCostMeme
· 1h ago
Are those who bought at 790 doing okay? Losing 90 yuan in a day—who can take that? But then again, anyone who rushed in on the listing day should have seen this coming.
Reply0
CrossChainHauler
· 1h ago
A rational pullback is better than continuing to surge; at least it shows the market still has some sense. But a $2.9 trillion valuation is still outrageous. It’s advisable to stay on the sidelines for a while and wait for the sentiment to settle.
Reply0
CrossChainSkater
· 1h ago
A 460% gain on the first day was insane—what’s a 16% pullback? A $2.9 trillion market cap is still a bubble. Don’t catch a falling knife.
Reply0

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