Shared Powerbank Specialist Energy Monster De-Fanged by Competition
Company’s operating profit tumbles by half in latest quarterly results on heavy promotional spending as shares trade near post-IPO lows Key points: Smart Share Global, better known as Energy Monster,…
Energy Monster Roars on Nasdaq IPO, But Gets Muffled as Rivals Roar Back
Rental power bank leader’s shares rise as much as 18% on first trading day, but sag below listing price after two rivals announce merger plan Key Takeaways Energy Monster’s Nasdaq…