Mint Stock Drops Even After Announcing HK$15 Million AI Robot Investment
Mint Incorporation Limited’s U.S. shares slid roughly 6% by midday Thursday, giving back early gains after the Hong Kong-based company reported a HK$15 million joint venture with Rice Robotics to enter the AI companion robot market. The stock started the session at $4.41, climbed to $4.77, but then dropped to $3.31, with about 1.95 million shares traded. Mint is making its case to investors as it leans harder into robotics, aiming to prove this is more than a last-ditch bid to stay listed. The company just dealt with a Nasdaq rule, clearing a minimum bid price of $1 that it had been struggling with.