XUNLEI LTD (FOREIGN)

2.6 -0.07 (-2.62%)

Doubt in the minds of XNET investors as it destroyed investor wealth

7 min read

XUNLEI LTD (Foreign) is a falling knife that can bleed you if you catch it on Tuesday. It fell by -2.62% to close at 2.6. On a day when the overall market breadth was 37%, it closed higher than 87% of the market. In comparison, the benchmark SP500 index closed today at +0.26%.

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