Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Bilibili Stock Popped 11% Today

TheMotleyFool

0 0

Shares of Bilibili (NASDAQ: BILI), the Chinese youth-focused online entertainment company, were off to the races on Wednesday, closing 11.6% higher on no obvious news, though there does appear to be a catalyst to the rally.

On Wednesday, Feb. 24, Bilibili is due to report its fourth-quarter and full-year 2020 earnings. Analysts who follow the stock are forecasting that Bilibili will report a $0.33 per share loss for the quarter and a $1.18 per share loss for the year.

Image source: Getty Images.

Source Fool.com

Like: 0

BILI

Share