MiniMax Shares Slump After JPMorgan Cuts Target Price Further
MiniMax Group Inc.’s shares plunged, after JPMorgan Chase & Co. slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution...
By Jeanny Yu · Bloomberg Markets
MiniMax Group Inc.’s shares plunged, after JPMorgan Chase & Co. slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution concerns caused by fresh fundraising.