DouYu International Stock Rises 12% Despite Q4 Revenue Decline

(RTTNews) - DouYu International Holdings Limited (DOYU) is trading at $8.97, up 12.69 percent or $1.01 during Friday's trading, following the release of its fourth-quarter 2024 financial results. The company reported total net revenues of RMB1,136.0 million, down from RMB1,296.0 million in the same period of 2023.

The stock opened at $7.80 and has traded between $7.52 and $9.93 so far today, compared to a previous close of $7.96 on the Nasdaq. Trading volume is 443,643 shares, higher than the average volume of 241,930. The stock's 52-week range is $6.29 to $20.17.

Net loss widened to RMB163.7 million or, compared to RMB62.2 million in the previous year.