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Shares of Tuya (NYSE: TUYA) , an Internet-of-Things platform company, fell this morning after the company reported its second-quarter results.
The tech stock was down by 19.9% as of 10:30 a.m. EDT.
Tuya's sales in the second quarter skyrocketed 118% to $84.7 million, which outpaced Wall Street's consensus estimate of $78 million.
For further details see:
Why Tuya Stock Is Falling Today| Company Name: | Tuya Inc. American Depositary Shares each representing one Class A |
| Stock Symbol: | TUYA |
| Market: | NYSE |
| Website: | tuya.com |
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