Why FST Corp. (KBSX) Went Down On Thursday?

We recently published a list of Thursday’s 10 Worst-Performing Stocks. In this article, we are going to take a look at where FST Corp. (NASDAQ:KBSX) stands against other Thursday’s worst-performing stocks.

Wall Street’s main indices edged lower on Thursday, erasing gains from the previous trading day that was buoyed by the Federal Reserve’s decision to keep rates unchanged.

Among the major indices, the tech-heavy Nasdaq led the drop, losing 0.33 percent. The S&P 500 declined by 0.22 percent, while the Dow Jones dipped by 0.03 percent.

Ten companies, predominantly under the micro- and small-cap sectors also mirrored losses. In this article, we have identified Thursday’s 10 worst performers and detailed the reasons behind their gains.

We classify micro-cap companies as those between $50 million and $300 million in market capitalization and small-cap firms as those between $300 million and $2 billion in market capitalization.

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FST Corp. (NASDAQ:KBSX)

FST Corp. declined by 28.4 percent on Thursday to end at $2.9 apiece as investors resorted to profit-taking following a surge in Tuesday’s share price.

According to InvestingPro analysis, KBSX’s relative strength index suggests that the company is now trading in oversold conditions.

The price level reflects a significant downturn for the company which has been navigating challenges over the past year.

Since the start of 2025, KBSX’s stock price already fell by 69.8 percent and declined by 57 percent from $6.78 at the start of the month. On Monday, the company also touched a new low of $1.26.

KBSX is a Taiwan-based company mainly engaged in the research and development, production, and sales of golf shafts. Its customers cover the world’s major golf brand manufacturers and distributors.

Overall, KBSX ranks 4th on our list of Thursday’s worst-performing stocks. While we acknowledge the potential of KBSX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as KBSX but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.