Netclass Technology shares fall 2.65% in after-hours due to increased R&D expenses and high volatility.
ByAinvest
Wednesday, Jun 18, 2025 5:41 pm ET1min read
NTCL--
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.
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