Scalper1 News
China-based online game portal NetEase (NTES) announced Tuesday that its board had authorized a $500 million stock buyback plan, but Wall Street shrugged. On another rough day for the exchanges, NetEase stock was down nearly 1.5% in midday trading in the stock market today, near 110. NetEase stock is down 28% from its all-time high of 154.88, which it touched in June. Still, NetEase holds a Composite Rating from IBD of 98 out of a possible 99. Scalper1 News
Scalper1 News