🟢 CXMT is trading 3.6% up today on dip buying and stabilization after sector sell-off

CXMT is trading 3.6% up today at CNY 48.70 as the stock shows signs of stabilization and dip buying following a volatile post-IPO period and a broader sell-off in global memory-chip names.

• The stock is finding support after its massive 460% debut surge, despite ongoing pressure from profit-taking and sector-wide weakness.
• Investors remain focused on the company's impact on DRAM market competition and its elevated valuation levels.