Bubble Mart's Hong Kong stock plummeted 8.85% at the beginning of trading on Friday. The stock price hit its lowest level in nearly 5 months. Earlier, Morgan Stanley lowered its target price for the share from HK$214 to HK$203, saying that its second-quarter sales were lower than the bank's expectations. As of press release, the stock is now down 3.5% to HK$148.2. Bubble Mart's Hong Kong stock plummeted 8.85% at the beginning of trading on Friday, and its stock price hit its lowest level in nearly 5 months. Earlier, Morgan Stanley lowered its target price for the share from HK$214 to HK$203, saying that its second-quarter sales were lower than the bank's expectations.

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