Lenovo Share drops by 17% as the Company withdrew $1.5 Billion

Lenovo Share

Lenovo Share drops by 17% as the Company withdrew $1.5 Billion

World's one of the biggest personal computer manufacturer Lenovo experiences drop in stock by 17% on Monday. This is the largest day decline ever in Lenovo Ltd. Incident took place when a Chinese Technology Giant withdrew it's ¥10 Billion ( $1.5 Billion ) from listings in Shanghai Market.

Lenovo

Lenovo is an Chinese Multinational company mainly focus on Manufacturing of Personal Computers and Laptops.

Stock price of Lenovo :

8th October : 8.79 HKD
11th October : 7.64 HKD

Lenovo stocks on 11th October

Open Price : 7.85
Highest : 7.94
Lowest : 7.25

Net Worth of Lenovo

Lenovo has abled to achieve total assets of $37.99 Billion in 2021. While Net worth was $1.3 Billion.
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