Chinese restaurant chain Haidilao International said it will swing to a profit in the first half of the year, but the company’s stock still dropped almost 17% after revealing that its performance fell short of management’s expectations.
Source: https://www.forbes.com/sites/zinnialee/2021/07/26/hotpot-tycoon-sees-fortune-drop-24-billion-after-earnings-outlook-disappoints/
