Luda Technology Plunges 12.26% Amid Policy Shifts
On September 3, 2025, Luda TechnologyLUD-- experienced a significant drop of 12.26% in pre-market trading, indicating a notable shift in investor sentiment towards the company.
Luda Technology has been actively involved in high-quality urban development projects, which have created favorable policy tailwinds for the company. This strategic focus has contributed to a surge in its share price in the past, highlighting the company's potential for growth in this sector.
Recently, Luda Technology successfully closed the underwriter's over-allotment option in connection with its initial public offering. This move demonstrates the company's strong financial position and investor confidence, which could have a positive impact on its stock performance in the long run.
Luda Technology is also poised to benefit from the expanding global metal pipe fitting market, which is projected to reach $8 billion by 2025 with an annual growth rate of 5%. This market expansion presents a significant opportunity for the company to increase its market share and revenue.

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