Xiaomi Co: Facing Macro Headwinds
04 June 2022 - 6:51AM
ValueWalk
Xiaomi Co. (OTCMKTS:XIACF) is currently down 35.70% YTD as it
struggles with global macroeconomic headwinds. During the company’s
most recent earnings call, Xiaomi gave reasons for its
underperformance. Executives stated that the resurgence of COVID-19
and the shortage of key components are the headwinds the company
faces, along with a generally unfavorable macro backdrop. These
[…]
https://www.valuewalk.com/xiaomi-co-facing-macro-headwinds/
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