Why Labubu Maker Pop Mart's Shares Are Plunging

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Why This Matters

Pop Mart shares have plummeted 40% from their August peak, sparking concerns that the Labubu hype may be losing steam, and echoing the 1990s Beanie Babies bubble burst.

Market Impact

Market impact analysis based on bearish sentiment with 77% confidence.

Sentiment
Bearish
AI Confidence
77%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

A 40% slide in shares of Pop Mart from a peak in August shows growing worries that Labubu mania may be fading. Lackluster US Black Friday sales and cooling resale demand are also reviving comparisons to the 1990s Beanie Babies bust. (Source: Bloomberg)

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Original article published by Bloomberg on December 18, 2025.
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