🚨 $POP MART(09992)$ shares are down as much as 8.2% to HKD 201 as of 1134AM today, leading this morning's newly listed PopMart put warrant $PopMart MB ePW260602(X7NW.SI)$ (https://warrants.com.sg/tools/livematrix/X7NW) to increase 28.9% from its opening price of SGD 0.038 to SGD 0.049 as of 1134AM, while trending PopMart call warrant $PopMart MB eCW260505(ELCW.SI)$ (https://warrants.com.sg/tools/livematrix/ELCW) is down 31.9% to SGD 0.032
💬New comments by analysts about potential weak US sales may have contributed to this morning's sell-off
⏬According to S&P Global data, the short interest in PopMart shares as of Thursday has climbed to 6.3% of free float - the highest since August 2023
📊Pop Mart shares have more than doubled this year amid optimism about the company’s products, though they’re down 30% since Oct. 16 on concerns about sales momentum (Bloomberg)
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