XCharge says unaware of specific reason for ADS price volatility
Bitget2026/10/14 11:30- XCHG issued a statement addressing recent volatility in its ADS price.
- Management said it is not aware of any specific reason for the market moves.
- Focus remains on executing its business plan, serving customers and partners, and strengthening its position in key markets.
- CFO Joel Adalberto Gallo said the current market valuation does not reflect underlying fundamentals, technology, or growth potential.
- Co-CEO Yifei (Simon) Hou said the company remains confident in long-term growth and aims to build long-term shareholder value.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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