NetEase shares are trading lower after the company reported worse-than-expected Q2 sales results.
Portfolio Pulse from Benzinga Newsdesk
NetEase shares declined following the release of disappointing Q2 sales results.
August 22, 2024 | 11:25 am
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NetEase shares are trading lower due to worse-than-expected Q2 sales results.
The decline in NetEase's share price is directly linked to the company's Q2 sales results, which did not meet market expectations. This negative earnings report is likely to impact investor sentiment and result in a short-term decrease in stock price.
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