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Why Yatsen Holding Stock Soared Today

TheMotleyFool

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Shareholders of Yatsen Holding (NYSE: YSG), the Chinese beauty products company, beat the market on Friday. The stock jumped 14% by 3:30 p.m. ET, compared to a flat performance by the S&P 500. The rally added to big gains for the stock, which has jumped by more than 200% in the past month.

Friday's surge appears to be tied to that broader move higher, rather than to any specific news from the company.

Yatsen Holding is a small-cap international stock, with a market capitalization of about $1.3 billion today. Those factors alone help explain why its share price can swing wildly over short time periods.

Source Fool.com

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