TCEHY - Hot Stocks: NTES helps Chinese video game stocks; LC hits high; REE plunges; inflation hurts AMWD
The broader markets hovered near the flat line throughout Tuesday's trading, eventually finishing with fractional losses. But that doesn't mean the day lacked excitement. Chinese video game stocks, for example, capped off a dramatic couple of days, bouncing back on Tuesday following a sharp dip on the previous day. The advance was fueled by earnings from NetEase (NASDAQ:NTES), with Tencent (OTCPK:TCEHY) and Bilibili (NASDAQ:BILI) both gaining as well. U.S. video game makers also shared in the upswing. Activision (NASDAQ:ATVI), EA (NASDAQ:EA) and Take-Two (NASDAQ:TTWO) all finished higher. AC Immune (NASDAQ:ACIU) represented another standout performer on the session. The stock jumped on data from an Alzheimer's trial. While shares gave back most of their early gains, they still recorded one of the day's biggest percentage advances. LendingClub (NYSE:LC) saw buying interest as well, continuing more than a month's worth of post-earnings momentum. The latest climb took the stock to a new
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Hot Stocks: NTES helps Chinese video game stocks; LC hits high; REE plunges; inflation hurts AMWD