Labubu-maker Pop Mart’s shares extend declines as third-quarter sales plunge
Summary
Pop Mart, the creator of Labubu, has seen its stock price fall further following a sharp drop in quarterly sales. The toy maker revealed a year-on-year revenue decline between 45% and 50% for the third quarter.
The company reported a 45% to 50% year-on-year drop in third-quarter revenue.
Source: Read the full story at US Top News and Analysis
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