Tag Archives: cmcm

Volatile Cheetah Mobile Leads China Stock Rebound

Cheetah Mobile (CMCM) led the China stock rebound Thursday, as it got a bullish report from an analyst who sees significant growth potential as the company monetizes its vast Internet user base. Cheetah Mobile stock was up 15% in midday trading in the stock market today , near 26. But Cheetah Mobile stock has been volatile. The stock touched its all-time high of 36.63 on May 20 and fell to 19 on Tuesday, as the China stock market crash hurt China’s

Chinese Stocks Pare Big Losses As Market Rallies

Several notable Chinese stocks were able to pare big losses Tuesday as the market rallied in the afternoon: Alibaba (BABA), Cheetah Mobile (CMCM), NetEase (NTES) and 58.com (WUBA). Alibaba fell as much as 5% in quick trade on the stock market today, hitting a new all-time trading low. Shares closed the session down a fraction. The e-commerce giant is trading 33% below its high of 120 reached last November. Cheetah Mobile also tested its 200-day

Cheetah Dashes By Q1 Earnings Views, Grabs PT Hikes

Cheetah Mobile (CMCM) got price target hikes Wednesday after the company reported better-than-expected Q1 earnings Tuesday and Cheetah stock leaped to a new high for the third time in the past four trading days. “We remain positive on Cheetah Mobile, considering the early traction of its international monetization, growth potential of mobile Internet space, and alliance support from leading China Internet companies,” Summit Research Partners