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Yatsen Holding Limited American Depositary Shares each representing four Class A
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.