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Companies To Watch: Pop Mart’s annual revenue surged 185%, so why did the stock crash 20%?
Published 6 months ago
Description
Pop Mart just delivered record-breaking earnings, with revenue soaring and profits more than tripling, yet its stock plunged over 20%. What’s driving this sharp disconnect?
Dan Koh and Ryan Huang break down why investors are growing concerned over Pop Mart’s heavy reliance on its viral character Labubu, and whether the company can sustain its momentum beyond a single hit.
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