Cause of the report: An increase of more than 15% for two consecutive days
The reason for the rise and stop is still unclear
Waiting for the company's third quarter results to be announced, the company is the largest production and export base for MSG and gluten powder in China. It is also the only MSG manufacturer in the world that uses wheat as a raw material. The fundamentals have not changed, and the reason for the rise and stop in the company's stock price is still unclear.
The stock price hit a three-year low of $2.24 on September 26. From the beginning of March to the end of September, the company's stock price fell by nearly 40%. Investors are expected to be cautious.