Business

CXMT Shares Plunge on Earnings Forecast

Updated 2026-10-19 02:10 UTC 1 source Negative

China's CXMT saw its shares drop over 6% after releasing earnings forecasts for the first nine months of 2026. Investors reacted negatively to the outlook.

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CNBC

China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.

2026-10-19 01:56 UTC