CXMT Shares Drop 6.5% Despite Forecasting Up to $19.58 Billion 9-Month Profit

CXMT stock fell 6.5% on Monday, even after the Chinese memory chip maker said it expects January September net profit attributable to shareholders of 131 billion to 132.5 billion yuan.

Analyze with AIAnalyze with ChatGPTAnalyze with ClaudeAnalyze with PerplexityAnalyze with Google AI ModeAnalyze with GrokAnalyze with Microsoft Copilot