Iván Hernández Dalas: Unitree shares down 53% from IPO debut
Unitree offers its G1 humanoid robot for $13.5K. | Source: Unitree Shares of Unitree Robotics have fallen nearly 40% from their first-day closing price on Aug. 19 2026, erasing roughly $20 billion in market value from that point and about $35 billion from their peak. Unitree, trading on the Shanghai Stock Exchange under the ticker 688836, closed Wednesday at 513.93 yuan ($72.10). That’s down about 39% from its 845-yuan closing price on debut and about 53% below its first-day high of 1,100 yuan. Unitree shares are still more than three times higher than their 150.80-yuan IPO price. Unitree raised about 6.1 billion yuan ($900 million) in its IPO and saw its shares soar 460% on the first day of trading. The stock briefly climbed as high as 1,100 yuan, pushing Unitree’s valuation to nearly 445 billion yuan, or roughly $66 billion. Before the IPO, Unitree had targeted a valuation of roughly 42 billion yuan ($6.2 billion). It ultimately priced the offering at 150.80 yuan per...