Why did the stock price of Bilibili, which achieved profitability for the first time in the quarter, fall by more than 13%?
ghoul1
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Why did the company's stock price drop by more than 13% after achieving its first quarterly profit? Today, Bilibili-W (09626. HK) announced its third quarter results, achieving its first quarterly profit. However, the stock price experienced a sharp decline, dropping over 13% at one point during trading. As of press time, it fell 10.59% to HKD 145.20.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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