Northann Corp. Stock Plummets 51.54%: What's Behind the Sudden Drop?

Northann Corp. plunged 51.54% in premarket trading, with the company's stock price dropping 87.28% at one point, currently down 80.96% to $0.26, with a trading volume of $2,392.31 million, indicating significant market volatility. The company stated that it is unaware of any new major news or pending announcements regarding its business operations, which may have contributed to the recent market fluctuations.