VIEWTRIX TECH's stock plummeted 7.12% during intraday trading on Monday.
The decline is driven by continued selling pressure following the company's recent Hong Kong initial public offering, with significant profit-taking as the stock retreats from its first-day peak, reflecting market divergence on short-term valuation.
VIEWTRIX TECH is a China-based company primarily engaged in the research and development, design, and sale of OLED display driver chips.