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 Shares of NetEase Popped Today

TheMotleyFool

0 0

Shares of NetEase (NASDAQ: NTES) rose on Thursday after the Chinese internet company reported its second-quarter results. While revenue came in slightly below analyst expectations, adjusted earnings easily beat estimates. The stock was up about 6.8% at noon EDT, after having risen as much as 13.5% earlier in the day.

NetEase reported second-quarter revenue of $2.73 billion, up 15.3% year over year but $20 million below the average analyst estimate.

Image source: Getty Images.

Quelle Fool.com

Like: 0

NTES

Share