Futu Stock Drops Significantly After Receiving Investigation Letter from Chinese Regulator
Shares of Futu (NASDAQ:FUTU) fell by over 30% before the market open after the company announced it received an investigation and administrative penalty pre-notification letter from China's securities regulator. The news raised concerns about regulatory scrutiny impacting its operations.
Tickers: $FUTU
Topics: China regulator Futu stock plunge