INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Yunji, Inc. Investors
Yunji Inc. - American Depository Shares (YJ)
Last yunji inc. - american depository shares earnings: 3/24 05:30 am
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Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ) investors concerning the Company and its officers’ possible violations of federal securities laws.In May 2019, Yunji held its initial public offering (“IPO”), in which it sold 11 million American Depositary Shares (“ADSs”) for $11 per share.On August 22, 2019, Yunji announced its second quarter 2019 financial results and noted that its total revenues had decreased significantly from the same period in the prior year. According to the Company, this decrease was primarily due to “a decrease in revenues from sales of merchandise, which recognizes revenues on a gross basis, as the Company shifted part of merchandise sales to its marketplace platform, which recognizes revenues on a net basis.”On this news, Yunji’s share price fell $4.55 per share, or nearly 43%, over the following four trading sessions, closing at $6.05 per share on A
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YJ
News
- Yunji to Report Third Quarter 2024 Financial Results on November 21, 2024PR Newswire
- Yunji regains compliance with Nasdaq's listing rule [Seeking Alpha]Seeking Alpha
- Yunji Has Regained Compliance with Nasdaq's Minimum Bid Price RequirementPR Newswire
- Yunji announces plan to implement ADS ratio change [Seeking Alpha]Seeking Alpha
- Yunji Announces Plan to Implement ADS Ratio ChangePR Newswire
YJ
Sec Filings
- 9/11/24 - Form 6-K
- 8/23/24 - Form 6-K
- YJ's page on the SEC website