From a strong rise to a rapid plunge, the "first internet celebrity stock" once again staged a crazy roller coaster ride.
Since the beginning of December, riding on the momentum of the "IPO economy", Tianxiaxiu's stock price has been soaring wildly with the help of hot money. During this period, it once rose to the daily limit for two consecutive days to set a new high for the period, with a cumulative increase of up to 46%. The company had to issue relevant announcements on stock price movement risk warnings several times.
On December 17, the company's stock price suddenly began to canada phone number list plummet, and in the following four days, the stock price had lost nearly half of its gains. It was a very shortterm concept hype, and the publicity phase is over.
Looking back at the company's listing, similar super roller coaster market conditions have occurred many times.
This is a really interesting company.
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According to information, Tianxiaxiu’s predecessor was “ST Huiqiu”. In November 2018, Ruilai Jiayu, the former controlling shareholder of ST Huiqiu, and Tianxiaxiu agreed that Ruilai Jiayu would transfer its 11.66% stake in the company to Tianxiaxiu.
In December 2019, Tianxiaxiu completed its capital restructuring, and in April 2020, Tianxiaxiu successfully went public through a backdoor listing. After going public, the company's business began to enter the celebrity economy track, and it has established itself as a platformbased enterprise in the new celebrity economy field.