Why Bilibili Is Flying 18% Higher This Week

Shares of Bilibili (NASDAQ: BILI) were up almost 18% in noontime trading since last Friday's close, according to data provided by S&P Global Market Intelligence, after Morgan Stanley (NYSE: MS) analyst Alex Poon said the Chinese video-sharing website would likely report results above the high end of management's guidance.

He noted that would put the figures in line with what Wall Street has been expecting.

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Source Fool.com