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These '20 Stocks To Watch' Moved On Last Fed Rate Hike: How Will They React Today?
The Federal Reserve's interest rate hike announcements have the potential to cause significant volatility in the stock market. The last rate hike, on Dec. 14, 2022, when the Fed issued a 50-basis poin
US online education stocks strengthened; Gaotu and New Oriental rose nearly 7%; Good Future rose nearly 5%; and NetEase rose more than 3%.
Tal Education Group Call Volume Above Normal and Directionally Bullish
Popular US stocks and China Securities declined, with Good Future (TAL.N) falling more than 5%, Ideal Auto (LI.O) falling nearly 3%, Tencent Music (TME.N) falling more than 2%, and BILI.O (BILI.O) falling nearly 2%.
Changes in US stocks 丨Good future, pre-market gains of more than 4%, Q3 losses narrowed, and new businesses maintained continuous development momentum
Gelonghui, January 20, 丨 Good Future rose more than 4% before the market to 8.12 US dollars. Good Future announced results for the third quarter of fiscal year 2023: net revenue was 233 million US dollars, down 77.2% from the previous year; net loss attributable to the company was 51.58 million US dollars, compared to 99.37 million US dollars for the same period last year. Good Future President and Chief Financial Officer Peng Zhuangzhuang said that although this quarter's revenue was affected by exchange rate fluctuations and seasonal factors, our new business continued to develop.
Research Alert: CFRA Maintains Hold Opinion On Shares Of Tal Education Group
12:10 AM EST, 01/20/2023 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follow
Changes in US stocks | Good future rose 2%, and Q3 net loss narrowed to $51.58 million
Glonghui, January 20, 丨 Good Future (TAL.US) rose 2.63% to $8.18, with a total market capitalization of 5.3 billion US dollars. Good Future announced results for the third quarter of fiscal year 2023: net revenue was 233 million US dollars, down 77.2% from the previous year; net loss attributable to the company was 51.58 million US dollars, compared with 99.37 million US dollars in the same period last year; basic and diluted losses per ADS were 0.08 US dollars; and losses per ADS for the same period last year were 0.15 US dollars. Good Future's gross profit for the third fiscal quarter was US$130 million, a year-on-year decrease of 74.1%; operating loss was US$32.9 million, same period last fiscal year
The US stock China Securities Education Stock rose more than 13%, Gaotu rose nearly 10%, Good Future rose more than 5%, and NetEase rose nearly 5%.
Sector Update: Consumer Stocks Slip Pre-Bell Thursday
09:16 AM EST, 01/19/2023 (MT Newswires) -- Consumer stocks were slipping pre-bell Thursday. The Consumer Staples Select Sector SPDR Fund (XLP) was down by 0.29% and the Consumer Discretionary Select S
TAL Education Reports Q3 Adjusted EPS (4c), Consensus 2c
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