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On July 31, 2025,
experienced a significant drop of 13.64% in pre-market trading, sparking concerns among investors and analysts alike.Recent reports suggest that Pheton Holdings' stock has plummeted by 95% in a single day, raising suspicions of possible manipulation by overseas groups. This dramatic decline has sent shockwaves through the market, with investors scrambling to understand the underlying causes.
The sudden drop in Pheton Holdings' stock price has been attributed to a combination of factors, including market volatility and potential manipulation by external entities. The company has not yet released an official statement addressing the allegations, leaving investors in a state of uncertainty.
As the situation unfolds, market analysts are closely monitoring Pheton Holdings' performance and the potential impact on the broader market. The company's ability to navigate this crisis will be crucial in determining its future trajectory and investor confidence.

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