inventory impairment

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GlobeNewswire Inc.GlobeNewswire Inc.··Pomerantz Llp

MVST Stock Plunges 34% After Disastrous Earnings; Law Firm Launches Fraud Investigation

Microvast ($MVST) plunged 34% after reporting $96.5M revenue (29% below consensus) and 1% gross margins, triggering securities fraud investigation by Pomerantz LLP.
MVSTMVSTWclass action lawsuitearnings miss