Why Was Mingteng Int (MTEN) Stock Down on Oct 6, 2026?
MTEN fell 5.46% in the 10 minutes after the headline, $1.10 to $1.04.
- MTEN fell 5.46% over 10 minutes, $1.10 to $1.04.
- Headline time 16:32:58 ET on October 6, 2026.
- Volume 604.4K shares in 10 min.
16:32:58 ET
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +10m | +1m % | +10m % |
|---|---|---|---|---|---|---|
| MTEN | 1.10 | 1.10 | 1.04 | 1.04 | -5.46% | -5.46% |
Mingteng Int (MTEN) fell 5.46% in the 10 minutes after this headline reached the MoveSurge news feed at 16:32:58 ET on October 6, 2026: “Mingteng International Corp Inc has completed the acquisition of HK Phoenix Gateway Alliance Limited for $15 million.”
The reference price just before the headline was $1.10; 10 minutes later the stock traded at $1.04. One minute in it was $1.04, a -5.46% move. At 10 minutes it stood at -5.46%, so the first-minute move held.
Traded size over the same window: Volume 604.4K shares in 10 min.
How this move was measured
MoveSurge prices an eligible headline against its own clock rather than against the close. A reference level is taken from just before the headline reaches the news feed, and the same instrument is sampled again one minute and 10 minutes later. The four figures in the table below are those samples. They describe MTEN over 10 minutes, not over the trading day.
How far did Mingteng Int (MTEN) move after the headline?
From $1.10 just before the headline to $1.04 10 minutes later, a -5.46% move.
What was the headline on October 6, 2026?
At 16:32:58 ET: Mingteng International Corp Inc has completed the acquisition of HK Phoenix Gateway Alliance Limited for $15 million.
Is the 5.46% figure a whole-day move?
No. It covers the 10 minutes after the headline reached the news feed, measured from a reference price taken just before it.
Sources
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MTEN in the MoveSurge news feed, Oct 6, 2026
— MoveSurge
The headline as it crossed, its timestamp, and the measured price reaction reported on this page.
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