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dorfmanmaster

Douyu first earnings report

Long
DouYu International Holdings Limited (NASDAQ:DOYU)  
dorfmanmaster Updated   
NASDAQ:DOYU   DouYu International Holdings Limited
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This coming Tuesday 13th, Douyu will report earnings for the first time.

DOYU is 28% below its IPO price.

Buyers probably won't let DOYU continue to slide.
Comment:
Citigroup analysts put a $12 fair value target on the stock PRE-earnings.
Comment:
Hopefully for everyone who entered, you were able to get some profits if you set you exits right.

Still I am unsure of what is happening... Because:
The company reported Q2 net income of RMB1.91 per share, reversing a RMB-27.25 per share net loss during the same quarter last year and beating the single-analyst estimate expecting an RMB0.11 per share net loss.
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