Yushu Robotics' stock price has fallen over 50% compared to its opening price one month after going public

According to Nikkei Asia, Chinese startup Unitree Robotics saw its stock price drop more than 50% from its opening price one month after listing on the Shanghai Stock Exchange. The market capitalization corresponding to the company's opening price reached 66 billion dollars.

The report states that as the IPO frenzy subsides, investors are assessing the future of humanoid robots, with retail investors paying closer attention to the potential of humanoid robots. Unitree Robotics is a Chinese robotics startup, with products covering quadrupedal robots and humanoid robots.