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Why Youdao Stock Skyrocketed 66.9% in June

TheMotleyFool

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Why Youdao Stock Skyrocketed 66.9% in June

Shares of Youdao (NYSE: DAO) gained 66.9% in June, according to data from S&P Global Market Intelligence. The online education company soared after its parent company NetEase (NASDAQ: NTES) listed on the Stock Exchange of Hong Kong (SEHK).