Core Viewpoint - The stock experienced a continuous decline for seven days after its listing, contradicting the myth of "new stocks never lose" and leading to significant losses for investors who bought in at higher prices [1][3][8]. Company Performance - The stock was issued at a price of 46.68 yuan and opened at 70.5 yuan, reflecting a 51% increase on the first day, which turned out to be its peak [1][3]. - By the end of the seventh trading day, the stock price had dropped to 61 yuan, resulting in a total decline of 35 yuan and a cumulative drop of 45% from the opening price [3][8]. - The company specializes in wind power equipment components, with a price-to-earnings ratio of 28, which is comparable to the industry average, but the stock is considered expensive within the wind power sector [3][7]. Market Conditions - The wind power industry is currently facing challenges, including rising raw material prices and slowing demand growth, leading to a general downward adjustment in valuations for wind power stocks [7][15]. - The stock's performance is closely tied to overall market sentiment, with its declines often exacerbated during market downturns [20]. Investor Behavior - Investors who bought the stock on its first day are facing significant losses, with many expressing frustration over the drastic drop in potential profits [8][14]. - The stock has seen a lack of institutional buying, with retail investors and speculative funds dominating the trading, which is not conducive to price stability [8][12]. - The continuous outflow of funds from the stock indicates a lack of confidence among investors, making it difficult for the stock to stabilize or rebound [15][20]. Trading Dynamics - The stock's trading pattern has been characterized by low opening prices and gradual declines, with minimal recovery attempts, leading to a "death spiral" for investors [5][10]. - The absence of significant trading volume during the declines suggests that selling pressure remains high, and the stock has not yet reached a bottom [14][18]. - The stock's performance has prompted discussions about the need for a more market-oriented pricing mechanism for new stocks to prevent extreme situations like "opening at peak" [21].
惨!每天低开低走,每天都创新低,上市7天下跌7天,已经跌了45点
Sou Hu Cai Jing·2025-11-17 17:08