U.S. stocks closed higher on Tuesday, with the Dow Jones gaining over 300 points. Here is the list of some big stocks recording losses in the previous session.
Key Takeaways:
DouYu’s revenues fell by around 22% in the second quarter, but the company broke a six-season losing streak with an adjusted net profit of 23.50 million yuan
Huya’s revenue tumbled 23% in the same period, and it barely eked out an adjusted net profit after slashing costs
By Ken Lo
Gainers
Magic Empire Global Limited (NASDAQ: MEGL) shares jumped 115.7% to close at $17.73 on volatility following the company's IPO earlier this month.
Gainers
Sunrise New Energy Co. Ltd. (NASDAQ: EPOW) shares jumped 118.2% to $4.4948. Sunrise New Energy said that the company changed its name from Global Internet of the People, Inc. to Sunrise New Energy effective as of August 10, 2022.
Tencent Holding Ltd (OTC:TCEHY) slashed its stake in Koolearn Technology Hldg Ltd (OTC:KLTHF) to 1.6% from 9%, Bloomberg reports. The Chinese education…