Stock Track | YOFC Plummets 6.47% Intraday on Telecom Procurement Delay Concerns and Profit-Taking

Stock Track

04/15

YOFC's stock plummeted 6.47% during intraday trading on Wednesday, extending recent losses for the fiber optic cable manufacturer.

The decline stems from market concerns that telecom operators may delay centralized fiber optic procurement, which could impact revenue for related companies. YOFC has responded that no official procurement announcement has been issued and urged investors to rely on official operator communications.

Analysts note that approximately 80% or more of domestic fiber output is now directed to exports, reducing the revenue share from domestic operator procurement. Some brokerages believe the pullback is also driven by profit-taking ahead of first-quarter earnings disclosures, following substantial prior gains.

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