At one point during the trading session, it dropped more than 7%, with the latest response from a massive amount of data.
In the early trading session on April 17th, the stock price of Massive Data once fell more than 7%. In response to the reasons for the widening losses and deteriorating cash flow in the first quarter of 2026, Massive Data stated to reporters that the first quarter is a slow season cycle and the company had to pay a large amount of compensation due to a large-scale optimization of personnel. In addition, after the optimization, new employees were recruited, resulting in higher cash outflow. "Generally speaking, the third and fourth quarters are the traditional peak sales season for the company. The company's performance in 2025 has been reducing losses and we hope to turn losses around in the future, but there is currently no specific time plan for turning losses around. Please refer to the company's announcements for follow-up information," Massive Data told reporters.
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