2026 · Reuters
Shares of Labubu maker Pop Mart plunge after reporting annual earnings
On March 25, 2026, Pop Mart's shares fell more than 20% intraday -- their biggest drop in nearly a year -- after the company reported 2025 annual earnings that broadly met revenue expectations; the CEO responded by emphasizing balanced growth over an aggressive revenue strategy and signaled plans to expand product categories including into home appliances.