Webus International is trading 5.84% down at $16.27 after the prior-session selloff tied to Wetour Robotics’ at-the-market offering.
- Shares fell 38.96% to $17.28 on August 26 after filing the offering.
- The company may sell up to $75 million in ordinary shares through Rodman & Renshaw.
- Bitcoin and Ethereum are higher, so crypto markets are not driving today’s decline.