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      Moore Threads Experiences 20% Trading Drop Amid Share Unlocking

      On September 7, Moore Threads, a domestic GPU manufacturer, experienced a significant trading drop, hitting the 20% limit down during the day. This decline resulted in the company's market value falling below 200 billion yuan.

      The drop coincided with the unlocking of 25.7745 million shares from the company's initial public offering's offline placement. This event marked a notable day for the release of restricted shares, which may have contributed to the market reaction.

      In response to the trading activity, a representative from Moore Threads urged investors to maintain a rational perspective, emphasizing that the company's fundamentals remain stable despite the fluctuations in share price.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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