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$MINISO Group Holding Limited(MNSO)$ May i know why the sudden dropped 12% last Friday?

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KunZz
02-25
KunZz
Miniso Group's share price has dropped significantly recently, with a 1-month change of -13.80% and a 7-day change of -11.7% ¹. Several factors could be contributing to this decline.

One possible reason is the company's *Q3 2024 earnings miss*. Miniso Group reported earnings per share (EPS) and revenues that fell short of analyst expectations ¹. This disappointing performance might have led investors to reevaluate the company's growth prospects.

Another factor could be the *insufficient new directors* on Miniso Group's board, which might raise concerns about the company's governance and leadership ¹.

Additionally, Miniso Group's *capital allocation trends* have been questioned, with some analysts suggesting that the company's resource allocation might not be ideal ¹.

It's essential to note that the stock market can be volatile, and various factors can influence a company's share price.
- Pertang:
  Thank you for sharing.

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