Graphjet Technology (GTI) plummeted 25.96% in premarket trading amid ongoing regulatory scrutiny and operational uncertainty. The stock has been underperforming for years (YTD -92.80%), with recent news highlighting mixed signals: while the company finalized collaborations, supply agreements, and completed new machinery, it also received a Nasdaq letter and is navigating share consolidation to meet listing requirements. The sharp decline likely reflects investor skepticism about Graphjet’s ability to sustain operations or resolve delisting risks, despite incremental progress in partnerships and infrastructure. The prolonged bearish trend suggests underlying concerns about financial viability outweigh near-term operational developments.
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