Why Baidu, Full Truck Alliance, and Bilibili Are Trading Higher Today [Yahoo! Finance]
Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) (YMM)
Company Research
Source: Yahoo! Finance
Chinese stocks rallied today after the People's Bank of China (PBOC), trying to get the Chinese economy out of its recent slump, announced interest rate cuts and better stimulus measures than previously expected. Shares of the artificial intelligence (AI) and search company Baidu (NASDAQ: BIDU) traded nearly 5% higher, while shares of the shipping platform Full Truck Alliance (NYSE: YMM) rose nearly 9%. Meanwhile, shares of the online video platform Bilibili (NASDAQ: BILI) surged nearly 13%. Will stimulus be enough? Following the Federal Reserve's interest rate cut of 50 basis points (bps) last week, investors upped their bets that China would soon follow suit, but the announcement by the PBOC seemed to catch the market by surprise. China's central bank told reporters that it plans to lower banks' reserve requirements by 50bps shortly, and that there may be additional decreases to bank reserve requirements. Additionally, the PBOC lowered the seven-day reverse repo rate by 20bps
Show less
Read more
Impact Snapshot
Event Time:
YMM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
YMM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
YMM alerts
High impacting Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) news events
Weekly update
A roundup of the hottest topics
YMM
News
- Full Truck Alliance Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Full Truck Alliance Co. Ltd. (NYSE: YMM) had its price target raised by analysts at Citigroup Inc. from $12.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
- Full Truck Alliance Co Ltd (YMM) Q3 2024 Earnings Call Highlights: Surging Revenues and ... [Yahoo! Finance]Yahoo! Finance
- Full Truck Alliance (YMM) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Full Truck Alliance Co. Ltd. Announces Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
YMM
Earnings
- 11/20/24 - Beat
YMM
Sec Filings
- 11/21/24 - Form 144
- 11/20/24 - Form 6-K
- 11/12/24 - Form SC
- YMM's page on the SEC website