The stock chart of this 1.8 billion dollar company looks like a rugged meme coin 📉
China Tianrui Group Cement Co Ltd shares fell 99% in a single day, pushing its market capitalization from $1.8 billion to $18 million.
The majority shareholder and his wife together owned about 70% of the company, they dumped their shares in one big red daily candle which pretty much killed the stock and left investors with nothing 🤷♀️