Cryptocurrency Q&A Why is SMT going down?

Why is SMT going down?

emma_carter_doctor emma_carter_doctor Sat Nov 09 2024 | 5 answers 1201
SMT has been going down recently and I'm wondering why. Is it because of market conditions, company performance, or some other reason? I need to understand what's causing this decline. Why is SMT going down?

5 answers

Elena Elena Sun Nov 10 2024
So far in 2024, SMT shares have fallen by more than 30%.

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DongdaemunTrendsetterStyleIcon DongdaemunTrendsetterStyleIcon Sun Nov 10 2024
SMT shares experienced a decline of 2% today.

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HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Sun Nov 10 2024
Despite this recent decline, the company's shares have performed well over the past 12 months.

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Michele Michele Sun Nov 10 2024
This drop can be attributed to the company's large positions in PDD and the prevailing negative sentiment towards technology stocks.

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Elena Elena Sun Nov 10 2024
The Chinese company, which is listed in the US, has faced significant challenges in the stock market this year.

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