Bilibili Inc. plunged 6.74% intraday, following the release of its second-quarter earnings report, which showed adjusted earnings per share of 1.29 yuan, exceeding FactSet estimates of 1.18 yuan. However, the stock price fell 2% in premarket trading, indicating a lackluster investor response and profit-taking. Additionally, a decline in U.S. stock index futures and technical correction pressures contributed to the drop.
Comments
No comments yet