Shares of Cheetah Mobile (NYSE: CMCM), an internet company that owns a variety of internet properties, soared Friday morning. The stock was so volatile on Friday that the New York Stock Exchange paused its trading a handful of times. Shares have been volatile recently because the company announced a reverse split of its American depositary shares (ADSs) that was effective today. Read More...
Shares of Cheetah Mobile (NYSE: CMCM), an internet company that owns a variety of internet properties, soared Friday morning. The stock was so volatile on Friday that the New York Stock Exchange paused its trading a handful of times. Shares have been volatile recently because the company announced a reverse split of its American depositary shares (ADSs) that was effective today.
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