Netclass Technology shares fall 2.65% in after-hours due to increased R&D expenses and high volatility.

Netclass Technology Inc. plunged 2.65% in after-hours trading, due to a 342.9% increase in R&D expenses for the fiscal year ending September 30, 2024, primarily driven by a one-time AI training expenditure of $200 million, which added to operational costs. Additionally, the stock's intraday volatility reached 16.67% on June 17, 2025, with no lower support levels, increasing short-term trading risks. The stock has cumulatively declined 89.24% over the past month, reflecting a sustained downward trend.