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Why 21Vianet Group Stock Popped Today

TheMotleyFool

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Shares of Beijing-based data center company 21Vianet Group (NASDAQ: VNET) were 12.1% higher at 11:50 a.m. EDT on Wednesday after the company reported first-quarter 2021 earnings last night that slightly outpaced analyst predictions for the quarter.

Heading into the first quarter, Wall Street had predicted 21Vianet would book $209.5 million in sales for the quarter. In fact, the revenue number was $211.7 million, a modest sales beat.

Image source: Getty Images.

Source Fool.com

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