Jin Medical International Ltd (ZJYL)

Shares of Jin Medical International Ltd (ZJYL) dropped by 16.10% from $184.00 to $70.48 in the trading on Thursday, December 21, 2023. The reason why ZJYL down today is due toa Nasdaq letter received by Jin Medical International on December 18. The letter notified the company that it had failed to provide a detailed plan to support the decision for further time to achieve compliance with Nasdaq listing requirements. This development likely raised concerns among investors, leading to the substantial decrease in ZJYL's stock price. When a company is unable to meet the listing requirements of a major stock exchange like Nasdaq, it can result in negative sentiment and a decline in its stock value.

Shares of Jin Medical International Ltd (ZJYL) dropped by 26.23% from $113.88 to $84.00 in the trading on Wednesday, December 20, 2023. The reason why ZJYL down today is due to the company's announcement regarding its intention to acquire a medical equipment sharing platform. Investors may have reacted negatively to this news due to concerns about the potential need for additional funding for the acquisition, especially in the midst of a market downtrend. The uncertainty surrounding the acquisition and its financial implications likely contributed to the sharp decrease in ZJYL's stock price.