NetEase Stock Hits New High After JPMorgan Upgrade

By | November 20, 2014

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Shares of China-based gaming company NetEase (NTES) touched a new high for the seventh straight trading day after the stock was upgraded by JPMorgan. JPMorgan upgraded NetEase stock to overweight, or buy, from neutral. NetEase stock was up 2.5% in midday trading in the stock market today, near 102.50, and rising as high as 103.25. NetEase stock is up 10% starting Nov. 12, when it began its streak of record highs. Late Nov. 12, the company posted Scalper1 News

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