Why YY Inc. Stock Popped 14.2% in November

Shares of YY Inc. (NASDAQ: YY) climbed 14.2% in November, according to data from S&P Global Market Intelligence, after the Chinese live-streaming platform announced strong quarterly results.

YY stock skyrocketed nearly 25% on Nov. 15, 2017, alone. That was the first trading day after the company confirmed that its third-quarter revenue grew 48% year over year to $464.8 million, which translated to 41.2% growth in adjusted net income per American depositary share (ADS) to $1.59. Both figures arrived comfortably ahead of Wall Street's models, which called for revenue of $422.8 million and adjusted earnings of $1.45 per ADS.

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Source: Fool.com