MiniMax Group Inc. ’s shares plunged, after JPMorgan Chase & Co. slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution concerns caused by fresh fundraising.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-13/minimax-shares-slump-after-jpmorgan-cuts-target-price-further)