“CXMT, China's largest DRAM maker, prices its IPO at a fraction of its earnings power — the same memory supercycle that made CXMT's revenue explode 719% year-on-year is lifting every DRAM producer, and Micron is the clearest US bet on that repricing.”
“Who the hell priced the CXMT IPO???”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.