Analysis: Unitree Shares Slide as Investors Reassess Humanoid Robot Valuations
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Shares of Unitree Robotics have plunged 44% from their peak in the week following the company’s blockbuster initial public offering, exposing the clash between market hype and the commercial reality of China’s humanoid robot sector.
The stock closed at 615.03 yuan ($91.5) on Thursday, down from an intraday high of 1,100 yuan shortly after its debut. Despite the sharp correction, the company remains valued at roughly 248.8 billion yuan — more than four times its 150.8 yuan issue price.
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