The plunge in the share price of Bull Group is of course related to the antitrust investigation.
Most friends who are involved in stock trading have experience. The stock market never only depends on the company's operating conditions, but also has something to do with the company's public opinion orientation and national macro policies. If the state supports the new energy industry, the prices of new energy-related stocks and funds will rise. Tesla? Brake failure? The impact of the incident on its share price is also very obvious-the cliff-like decline has made many Tesla shareholders feel distressed. There are too many losses now, and I am afraid that I will lose my blood if I continue to keep it. Now Tesla's shareholders have fallen into an extremely contradictory state. If Tesla can't give a reasonable solution, I believe its share price will fall again.
Bull Group as the outlet industry in China? Leading boss? , its business scope is wide, including sockets, wall switches, led lighting, etc. Party A and the landlord who have slight requirements on quality will ask the decoration team to choose the Bull brand. After all? Made by bulls, reliable in quality? It is a common impression of bulls in the hearts of ordinary people. This is a pity that Bull Group made a profit of 2.574 billion yuan in the first quarter. Without the strong support of consumers, Bull Group could not achieve such a growth scale.
However, the Bull Group seems to have gone with the wind recently. Even with the support of most people, Bull Group is still not satisfied, and it is still suspected of applying monopolistic behavior to exclude competitors in the market, so it was investigated by Zhejiang Market Supervision Administration.
After the news broke out, Bull Group plunged in early trading this Friday, with a drop of over 9% at one time, and its share price rebounded slightly at the close of the afternoon. When it went public on February 6, 22, the issue price of Bull Group was 71.34 yuan per share. Now there are more than 18 yuan per share, which shows that Bull Group is developing rapidly. However, no matter how well any company develops, it must operate normally, and any monopoly bank will be investigated, without exception. Once it is investigated, it will affect the company's share price, just like Bull Group.