Pop Mart International Group (OTCMKTS:PMRTY) Shares Gap Down - Here's Why

Key Points

• Pop Mart International Group's shares gapped down from a closing price of $37.29 to open at $36.00 before trading at $35.40.
• Zacks Research recently upgraded Pop Mart to a "hold" rating, making it consistent with the average "hold" rating from analysts.
• The company specializes in the design, development, and sale of pop toys primarily in China and internationally.

Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report)'s share price gapped down prior to trading on Wednesday . The stock had previously closed at $37.29, but opened at $36.00. Pop Mart International Group shares last traded at $35.40, with a volume of 13,214 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Pop Mart International Group to a "hold" rating in a research report on Tuesday, August 12th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Pop Mart International Group presently has an average rating of "Hold".

Pop Mart International Group Stock Performance

Pop Mart International Group Company Profile

Pop Mart International Group Limited is an investment holding company engages in the design, development and sale of pop toys principally in the People's Republic of China, Hong Kong, Macao, Taiwan and internationally. The company offers blind boxes. Pop Mart International Group Limited is based in Beijing, the People's Republic of China.

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