Capital, Earnings & M&A
After Three Years of Turmoil, Has Three Squirrels' Stock Price Returned to Square One?
On July 12, Three Squirrels (SZ300783) saw 174 million restricted shares become tradable, accounting for 43.3975% of total shares, with a market value of about 3.982 billion yuan. Despite no shareholder disclosing reduction plans, the stock fell 2.7% on the first day, possibly due to previous clearance sales by original shareholders. The company faces challenges in product quality, brand image, and channel conflicts, leading to declining performance and market value.
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