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Shares Of Chinese Internet Company Bilibili Soar On Tencent Stake
Wednesday, October 3, 2018 - 11:04am | 322Shares of Bilibili Inc – ADR (NASDAQ: BILI), which operates a namesake online video sharing website, were advancing to three-month highs Wednesday morning. The stock was trading 8.34 percent higher to $14.42 at the time of publication. What Happened Bilibili announced that...
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Bilibili 'Transformation In Progress,' Morgan Stanley Says In Downgrade
Monday, September 24, 2018 - 2:16pm | 323Despite the significant rise in users for China-based video-sharing website, Bilibili Inc. (NASDAQ: BILI), analysts consider the company’s slow ad business growth and hindered revenue in Monday’s downgrade. The Analyst Morgan Stanley Alex Poon downgraded Bilibili from Overweight to...