UTime (WTO) Stock Is Down 93% Today: What's Going On?
UTime (WTO) Stock Is Down 93% Today: What's Going On?
UTime Ltd (NASDAQ:WTO) shares are trading lower by 93% to $0.15 Wednesday afternoon after the company announced the signing of a non-disclosure agreement with Bowen Therapeutics Inc. for the acquisition of Bowen's laboratory at UMASS Medical School.
UTime Ltd (納斯達克: WTO)的股票下午交易下跌93%,至0.15美元,因該公司宣佈與Bowen Therapeutics Inc.簽訂了一份非披露協議,以收購Bowen位於UMASS Medical School的實驗室。
The company says this acquisition is part of UTime's strategy to expand into the global vaccine market, particularly focusing on developing an mpox vaccine.
該公司表示,這次收購是UTime擴大全球生物-疫苗市場的戰略的一部分,特別注重開發mpox生物-疫苗。
UTime says Bowen Therapeutics has been involved in research on the mpox virus and developed a promising hexavalent recombinant protein vaccine. UTime also says the company will oversee ongoing clinical trials and future vaccine development, aiming to expedite FDA approval.
UTime表示,Bowen Therapeutics一直致力於mpox病毒的研究,並開發出一種有前途的六價重組蛋白疫苗。UTime還表示,該公司將監督正在進行的臨床試驗和未來的疫苗研發,旨在加快獲得FDA批准。
The transaction is still subject to negotiations and regulatory approvals. UTime's CEO highlighted this acquisition as a step in their vaccine business expansion and a response to public health challenges.
交易仍需進行談判和監管批准。UTime的CEO將這次收購視爲其疫苗業務擴張的一步,並對公共衛生挑戰做出回應。
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閱讀更多: 10個etf可能在英偉達發佈業績後發生劇烈波動
Should I Sell My WTO Stock?
我應該賣出我的WTO股票嗎?
Whether to sell or hold a stock largely depends on an investor's strategy and risk tolerance. Swing traders may sell an outperforming stock to lock in a capital gain, while long-term investors might ride out the turbulence in anticipation of further share price growth.
賣出或持有股票很大程度上取決於投資者的策略和風險承受能力。短期交易者可能會出售表現優異的股票以鎖定資本收益,而長期投資者可能會在期待股價進一步增長的動盪中保持持有。
Similarly, traders willing to minimize losses may sell a stock that falls a certain percentage, while long-term investors may see this as an opportunity to buy more shares at a discounted price.
同樣,願意將損失最小化的交易者可能會出售下跌一定百分比的股票,而長期投資者則可能會將其視爲以折扣價買入更多股票的機會。
Shares of UTime (NASDAQ:WTO) have lost 67.92% year to date. This compares to the average annual return of -29.34%, meaning the stock has underperformed its historical averages. Investors can compare a stock's movement to its historical performance to gauge whether this is a normal movement or a potential trading opportunity.
UTime股票(納斯達克:WTO)今年迄今已經下跌了67.92%。這與平均年回報率-29.34%相比,意味着該股票表現不及其歷史平均水平。投資者可以將一隻股票的走勢與其歷史表現進行比較,以判斷這是否是正常波動還是潛在的交易機會。
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. UTime stock currently has an RSI of 75.86, indicating overbought conditions.
投資者還可以考慮市場動態。相對強弱指數可以用來指示一隻股票是否超買或超賣。UTime股票目前的RSI爲75.86,表示超買狀態。
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欲獲取分析工具、圖表數據和獨家股票新聞,請登錄Benzinga PRO。現在免費試用。
WTO has a 52-week high of $2.49 and a 52-week low of $0.13.
WTO的52周最高價爲2.49美元,最低價爲0.13美元。