Meitu Inc (1357.HK) shares plummeted 12.12% in Tuesday's trading session, following the disclosure that a substantial shareholder disposed of a significant number of shares in the company.
According to a brief company announcement, a substantial shareholder of Meitu sold a total of 128 million shares between February 17 and February 21. The share disposal appears to have triggered concerns among investors, leading to a steep decline in Meitu's stock price.
While the exact reasons for the substantial shareholder's share sale were not disclosed, large-scale insider selling often raises questions about the company's prospects and can negatively impact investor sentiment.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。