Bilibili Down 'LINK'
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"Confronting the immense challenges of the macro-environment and COVID-19 lockdowns in the second quarter, we are pleased to have continued to grow our high-quality user base and control our expenses," Bilibili CEO Rui Chen said in a statement.
Sure, China has been cracking down on most of its consumer-facing tech companies this year, knocking more than 40% off of Bilibili's peak value hit back in February before Wednesday's quarterly earnings report. There's little left that the country's regulators could do to further upend this company's business, though, making the halving since February's high a good entry opportunity.
Bilibili Inc - ADR (BILI) is down -2.13%% today. BILI has an Overall Score of 35. Find out what this means to you and get the rest of the rankings on BILI!See Full BILI Report (adsbygoogle = window.adsbygoogle || []).push({});BILI stock closed at $25.41 and is down -$0.54 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours.BILI has a roughly average overall score of 35 meaning the stock holds a better value than 35% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock.BILI gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month have been neutral. Bilibili Inc - ADR currently has the 116th highest Short-Term Technical score in the Electronic Gaming & Multimedia industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders. (adsbygoogle = window.adsbygoogle || []).push({});Bilibili Inc - ADR's Overall and Short-Term Technical score paint a mixed picture for BILI's recent trading patterns and forecasted price.Click Here To Get The Full Report on Bilibili Inc - ADR (BILI)
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