Shares of Chinese AI giant SenseTime plunge to an all-time low after founder's death
cnbc.com/2023/12/18/sensetime-shares-plunge-to-an-all-time-low-after-founders-death.html
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Key FactsSenseTime Stocks Plummet After Founder's Tragic Passing
Dec 18, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: cnbc.com
Summary created with AI assistance · Source: cnbc.com
- SenseTime stocks fell by a significant 18.25% and hit an all-time low following the founder's passing.
- The Hong Kong-listed SenseTime stocks plummeted to 1.03 Hong Kong dollars ($0.13) on Monday - the company's lowest point in history.
- The company's stocks have dropped approximately 50% year-to-date.
- Founder and AI expert Tang Xiao'ou tragically passed away at 55 due to an illness, as announced by the company on Saturday.
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Shares of Chinese AI giant SenseTime plunge to an all-time low after founder's death
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