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Xiaomi’s Shares Fell Making A Loss Of $6 Billion In Only 3 Days.

Chinese electronics company Xiaomi lost $6.2 billion in market value after its shares fell 17% in three days. Billions of Xiaomi shares have been unlocked for sale after the six-month lockup period that followed the company’s IPO expired. The stock has lost about 30% in the six months that followed its Hong Kong debut in July 2018.