Unitree (宇树科技) stock price falls below 500 yuan, market cap drops by over 240 billion yuan

Unitree (宇树科技) shares fell nearly 3% on September 10, dropping below 500 yuan per share for the first time. The company's total market capitalization now stands at 202.1 billion yuan, down from a peak of 444.9 billion yuan on its first day of trading, representing a loss of over 240 billion yuan in value.