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MiniMax Shares Slump After JPMorgan Cuts Target Price Further

MiniMax Shares Slump After JPMorgan Cuts Target Price Further
Bloomberg Technology Monday 13 July 2026, 03:23 UTC By Jeanny Yu 1 min read
Key Points

After JPMorgan Cuts Target Price Further MiniMax Group Inc.’s shares plunged, after JPMorgan Chase & Co. slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution concerns caused by fresh fundraising. MiniMax slumped much as 18% on Monday, set for a third straight day of declines.

MiniMax Shares Slump After JPMorgan Cuts Target Price Further MiniMax Group Inc.’s shares plunged, after JPMorgan Chase & Co. slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution concerns caused by fresh fundraising. MiniMax slumped much as 18% on Monday, set for a third straight day of declines. The stock has lost more than 80% since its March high.
MiniMax (ORG) JPMorgan Cuts Target (ORG) MiniMax Group Inc.’s (ORG) JPMorgan Chase & Co. (ORG) Chinese AI (ORG)
Originally published by Bloomberg Technology Read original →

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