Unitree's slump sparks bubble fears | Northwest Arkansas Democrat-Gazette

Unitree’s shares have plunged about 45% since a meteoric Shanghai debut, raising alarms about bubble risk, retail investor losses, and potential flaws in China’s IPO system. After the stock jumped more than fivefold last Wednesday, its valuation reportedly climbed as high as $66 billion, then fell by $30 billion. The reversal comes as investors question whether the AI and robotics narrative has run ahead of company fundamentals. Unitree steadied on Tuesday following three consecutive days of declines, leaving losses at about 45% since listing. Investors and bankers cited limited short-selling and a belief in “regulatory paternalism” that may leave overpriced listings without immediate pushback. Unitree’s adjusted net profit dropped 53% to $5.95 million in the first three months of 2026.