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Chinese online education company GSX Techedu (GSX) cut to sell from neutral at Goldman Sachs as the stock appears to be overvalued after 103% increase.GSX is trading at 11x CY21 EV/Sales vs China online AST peer avg. of 7x, according to Goldman analyst Christine Cho.PT raised to $70 (33% down...
Hedge fund Maplelane Capital, run by Leon Shaulov and Rob Crespi, fell about 33% this month through Tuesday, hurt by its short positions such as GameStop (GME), according to a Bloomberg report.The $3.5 hedge fund altered its portfolio recently to help protect against more losses and has no ma...
Shares of GSX Techedu (NYSE: GSX) are soaring nearly 29% higher in midday trading as the Chinese remote education specialist rides the short squeeze wave hitting other heavily shorted stocks. It's different from why it soared last week . Over 22% of GSX stock is sold short...
The stock market is seeing a huge amount of buying action in stocks that have been heavily shorted over the last few months. Tootsie Roll Industries (TR) is up 52.95% in early trading. Dillard's (DDS) is 22.1% higher. Express (EXPR) is adding to its gains with a jump today of 123.68%. Nationa...
Jack Ma's first public appearance after nearly three months of speculations about his well-being was the biggest news of the week. It reaffirmed the rationalized manner in which the authorities are investigating the alleged transgressions of the business practices. Key KWEB ETF ho...
The coronavirus is getting worse in China, and it's possible that investors believe that's a good thing for GSX Techedu (NYSE: GSX) . The company is a remote-education company in China, and its business grew substantially in 2020. And if COVID-19 gets worse in that country, it's pos...
Shares of Chinese online-education company GSX Techedu (NYSE: GSX) were rising today after an analyst with CLSA upgraded the stock to a buy. As of 12:50 p.m. EST, the shares were up 9%. CLSA analyst Youngrin Kim upgraded GSX Techedu stock to a buy today, according to Street Insi...
Mainland investors continued to lap up the "discounted" shares that Americans were forced to sell due to the executive order. Buying enthusiasm improved further after the Trump administration shelved plans for an investment ban on the Chinese internet giants. Rumors sprouted out c...
Gainers: Live Ventures (LIVE) +91%. GameStop (GME) +68%. Foresight Autonomous Holdings (FRSX) +20%. GSX Techedu (GSX) +18%. Romeo Power (RMO) +17%.Losers: Party City Holdco (PRTY) -14%. ZW Data Action Technologies (CNET) -12%. Naked Brand Group (NAKD) -12%. Sify Technologies (S...
FinancialBuzz.com News Commentary New York, NY (12/29/2020) – The pandemic has helped further accelerate the transition from traditional education avenues towards more online-based curriculums. Even after the pandemic is dealt with and social distancing restrictions removed, proj...
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GSX Techedu Inc. American Depositary Shares three of which representing two Class A Company Name:
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Image source: The Motley Fool. GSX Techedu Inc. (NYSE: GSX) Q1 2022 Earnings Call Jun 06, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: GSX Techedu Inc. (GSX) Q1 2022 Earnings Call Transcript
Image source: The Motley Fool. GSX Techedu Inc. (NYSE: GSX) Q4 2021 Earnings Call Mar 08, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: GSX Techedu Inc. (GSX) Q4 2021 Earnings Call Transcript
VANCOUVER – Biotech Today – As vaccine passport programs continue to roll out in new markets across the globe, especially in Europe and North America, it appears that the argument remains unsettled, as vaccine in many parts of the world vaccine hesitancy and refusal pe...