Unitree shares fall 45% from their debut peak, wiping out $30bn
Covered by 2 sources
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Unitree's shares plunged about 45% from their first-day peak in Shanghai, erasing $30bn in value after an initial surge to a $66bn valuation. The company's adjusted net profit dropped 53% in early 2026, and its IPO pricing and market regulations have sparked debate over valuation accuracy.
