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Why Did CIMG Inc. Plunge 15.32% Pre-Market?
Generated by AI AgentAinvest Pre-Market Radar
Friday, Aug 1, 2025 5:17 am ET1min read
Aime SummaryOn August 1, 2025,
Inc. (IMG) experienced a significant drop of 15.32% in pre-market trading, reflecting a notable decline in investor sentiment.CIMG Inc. (IMG) has been under scrutiny due to a recent stock forecast that predicts a further decline in its share value. According to the forecast, the company's shares are expected to drop by 5.82% by August 29, 2025, reaching $0.213783 per share. This forecast has likely contributed to the recent pre-market decline, as investors may be anticipating further losses.
Additionally, CIMG Inc. (IMG) has seen a 16.13% increase in its share price during the after-hours session on Thursday, reaching $0.29. This increase, however, is not indicative of a sustained recovery, as the stock is still trading 57.24% lower than it was three months ago. The volatility in CIMG's share price suggests that investors are cautious about the company's future prospects, and the recent after-hours gain may be a temporary fluctuation rather than a sign of a long-term recovery.
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