It's not that an MOU is inherently bad, it's just that people had their expectations set even higher so an MOU is a disappointment.
Happens all the time with earnings announcements on US stocks I follow. Company announces record profits and the SP falls because the market was expecting even better record profits, if you get what I mean.
Ann: Battery Anode Agreement with Long Time Technology, page-102
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| Open | High | Low | Value | Volume |
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