Dogness International Corp falls amid sector rotation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 26 Jan 26
Source: EFFECT
Dogness International Corp's stock price dropped by 7.58% as it crossed below its 20-day SMA, indicating a significant decline in investor confidence.
The decline in Dogness's stock is attributed to sector rotation, as investors shifted their focus towards technology stocks, which have been performing well recently. Despite the overall market strength, Dogness faced selling pressure, leading to its price drop.
This movement suggests that Dogness may need to reassess its market strategy to regain investor interest, especially in a favorable market environment.
Analyst Views on DOGZ
About DOGZ
Dogness International Corp is a holding company principally engaged in the design, manufacturing and sales of pet products. The Company's products include pet leashes, pet collars, pet harnesses, intelligent pet products and retractable leashes. The Company's intelligent pet products include Dogness mobile application (app), smart wearables, smart ipet robot, mini treat robot and others. The Company is also engaged in the provision of dyeing services as well as pet grooming service. The Company conducts its businesses in domestic and overseas markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
