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0.00282248266322725 0.00177573412587152 0.0280379072506027 -0.00652348642030699 0.0261874053720629 0.0728985588515672 0.139273631282828 0.16852651451429
Stock impact report

Tuya Stock Plunges 32% Year to Date: Should You Buy the Dip? [Yahoo! Finance]

Cerence Inc. (CRNC) 
Last cerence inc. earnings: 2/11 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
the Zacks Internet - Software industry's return of 28.8%. The stock has also underperformed the Technology Select Sector SPDR Fund XLK ETF's YTD return of 20.1%. While the plunge raises concerns about Tuya's near-term challenges, the long-term investment case appears compelling. Tuya's strong fundamentals, growing market presence and strategic initiatives position it as a potential recovery play in the Internet of things (IoT) sector. Here's why investors should consider buying the dip. Tuya Inc. Sponsored ADR price-consensus-chart | Tuya Inc. Sponsored ADR Quote Tuya has demonstrated impressive resilience in maintaining revenue growth despite a challenging macroeconomic environment. In the third quarter of 2024, TUYA reported a 33.6% year-over-year increase in total revenues, reaching $81.6 million. While quarter-over-quarter growth decelerated, the year-over-year improvement highlights the company's ability to adapt and scale amid economic headwinds. Tuya's diversified revenue Show less Read more
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