Unitree Technology Rebounds Over 60% in 7 Trading Days After More Than 60% Peak-to-Trough Drop
On October 26, Unitree Technology's stock price surged by over 18% during trading. The stock had previously fallen from its post-listing peak of around 1,100 yuan, with a maximum drawdown exceeding 60%. However, it has rebounded by more than 60% over the past seven trading days since October 16, hitting its first 20% daily limit-up since its IPO last Friday.
Unitree Technology Rebounds Over 60% in 7 Trading Days After Previously Dropping More Than 60%
On October 26, Unitree Technology's stock price continued its strong performance, with intraday gains exceeding 18% at one point. Previously, the company's stock had been steadily declining from a post-listing high of around 1,100 yuan, experiencing a maximum drawdown of over 60%. However, since October 16, Unitree Technology has rebounded by more than 60% in just 7 trading days. Last Friday, it even hit its first 20% daily limit-up since its IPO, marking a strong reversal in its stock price.
On the news front, NVIDIA's GTC Berlin conference focused on physical AI and robotics, with Jensen Huang emphasizing the promising prospects for physical AI development. Meanwhile, on October 21, Unitree Technology released the H2-X humanoid robot, demonstrating dynamic capabilities such as high-platform jumping and forward rolls. Founder Wang Xingxing also stated at the World Physical AI Conference that as large model capabilities improve, physical AI is expected to see key breakthroughs, with its implementation in the commercial services sector potentially outpacing that in home and industrial settings.
Source: Gelonghui