Douyu first earnings report
This coming Tuesday 13th, Douyu will report earnings for the first time.
DOYU is 28% below its IPO price.
Buyers probably won't let DOYU continue to slide.
DOYU is 28% below its IPO price.
Buyers probably won't let DOYU continue to slide.
Note
Citigroup analysts put a $12 fair value target on the stock PRE-earnings.Note
Hopefully for everyone who entered, you were able to get some profits if you set you exits right.Still I am unsure of what is happening... Because:
The company reported Q2 net income of RMB1.91 per share, reversing a RMB-27.25 per share net loss during the same quarter last year and beating the single-analyst estimate expecting an RMB0.11 per share net loss.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.