Cupid Ltd. Shares Plunge 80%? Bonus Issue Sparks Market Panic

On March 9, 2026, investors were left scratching their heads when Cupid Ltd’s shares seemed to plunge nearly 80% at the opening bell. Headlines splashed dramatic numbers, but the real story was far more technical than terrifying. What happened wasn’t a sudden collapse in value; it was a common stock market adjustment after the company’s 4:1 bonus share issue went ex‑date today.