#铠侠美股adr跌超14% Kairaxi U.S. ADR plunges more than 14% in a single day—this looks more like a concentrated pullback in the storage chain after trading around AI expectations. The market is starting to reprice the “high-visibility narrative.” The selloff doesn’t necessarily mean fundamentals have collapsed; it’s that sentiment is shifting from “overheated pricing” back to “real supply and demand.” Valuations fall first, and then we’ll see whether earnings can hold up. $SNDKB