iFlytek Responds to Stock Price Fluctuations
iFlytek‘s stock price experienced another ‘flash crash’ during the trading session, dropping nearly 6% at one point. By the end of the day, the decline narrowed to 3.31%.
In this regard, the reporter contacted iFlytek’s investor relations department as an investor, and the relevant personnel stated that the company’s operations are normal. ‘The company communicated with everyone after the market closed on August 6, including information about the company’s fundamentals and business development,’ the individual said. The reporter found that on Xueqiu, an investor claimed that Huawei would terminate many business collaborations with iFlytek. In response, the individual stated, ‘We do not know where this information came from; we maintain a long-term good cooperation with this company (Huawei).’
On August 6th, iFlytek also experienced a ‘flash crash’ during the trading session, with a decline exceeding 6% at one point.
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