GUOXIA TECH's stock plummeted 5.32% intraday, extending a severe multi-day sell-off that has seen the stock lose over 50% from its recent peak.
Market confidence in the company's high-growth AI+energy storage narrative has rapidly deteriorated. The stock had previously surged on the back of its innovative Storage-as-Token strategy and strong annual results, but persistent selling pressure suggests earlier gains were largely driven by sentiment rather than sustainable valuation support.
The current correction reflects a sharp repricing of growth expectations as investors reassess the company's prospects amid the ongoing sell-off.
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