Unitree Stock Opens 629% Higher After Crypto Traders Underpriced Its Debut
Covered by 2 sources · 2 articles
2 outlets - including Cryptopolitan and Beincrypto - are covering this story. Chinese robotics firm Unitree opened trading on the Shanghai Stock Exchange’s STAR Market on Wednesday, with the price soaring nearly sixfold. The stock was priced at 150.8 yuan per share and opened at 1,100 yuan, marking a 629.44% increase…
All coverage
Unitree surges 629% on its Shanghai market debut today
Chinese robotics firm Unitree opened trading on the Shanghai Stock Exchange’s STAR Market on Wednesday, with the price soaring nearly sixfold. The stock was priced at 150.8 yuan per share and opened at 1,100 yuan, marking a 629.44% increase…
Unitree Stock Opens 629% Higher After Crypto Traders Underpriced Its Debut
Unitree Robotics stock opened 629% above its IPO price in Shanghai on Wednesday, overshooting the valuation crypto derivatives traders had priced into pre-IPO perpetual futures. The Hangzhou company raised about 6.1 billion yuan, or $905 mi…