Chagee (NASDAQ:CHA) Hits New 1-Year Low After Analyst Downgrade

Chagee Holdings Limited - Sponsored ADR (NASDAQ: CHA - Get Free Report)'s stock price hit a new 52-week low during trading on Wednesday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The stock traded as low as $8.98 and last traded at $9.3210, with a volume of 2238015 shares