NetEase Mobile Game Push Stalls, But Q2 Beats

By | August 14, 2014

Scalper1 News

NetEase (NTES) stock rose Thursday, though the Chinese online gaming company continues to have trouble gaining traction with mobile games. The company late Wednesday posted a Q2 earnings beat, with revenue growth driven by nongaming segments. NetEase was up more than 1.5% in afternoon trading in the stock market today, near 85.50 and just shy of the company’s all-time high of 86.75, which it hit on July 29. NetEase stock is up nearly 35% in the Scalper1 News

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