Moore Threads responded to the 20% drop limit, stating that the fundamentals are normal
On September 7, domestic GPU manufacturer Moore Threads (688795.SH) hit a 20% limit down during trading, with a market value falling below 200 billion yuan. According to the announcement, on that day, 25.7745 million shares of Moore Threads' initial public offering's offline placement restricted shares were unlocked.A reporter from Yicai called the securities affairs representative of Moore Threads as an investor. The staff member stated that it was a significant unlocking day for the offline placement restricted shares, and urged investors to view it rationally, noting that the company's fundamentals are normal.
