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Unitree Shares Plummet After Shanghai Debut

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Unitree Robotics shares fell 45% after surging more than 5x in their August 19 Shanghai debut, cutting its valuation from $66B to $36B. The post-listing slump sparked concerns about a robotics bubble. The stock steadied after three consecutive days of decline.

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  1. Techmeme avatar

    Techmeme

    X / Twitter / @Techmeme

    Unitree shares fell 45% after surging more than 5x in their August 19...

  2. Reuters avatar

    Reuters

    X / Twitter / @Reuters

    China robot maker Unitree's post-listing slump sparks bubble fears htt...

  3. Next Web avatar

    Next Web

    RSS / @thenextweb.com/rss

    Unitree shares fall 45% from their debut peak, wiping out $30bn Unitre...

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