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HUYA Inc.'s stock drops despite revenue growth, as analysts downgrade its rating to "Hold."
HUYA Inc., a China-based game live streaming platform, saw its stock price fall to $3.71 after analysts downgraded its rating to "Hold."
The company reported a 11.3% increase in net revenues for the fourth quarter of 2024, reaching RMB 1.6 billion.
However, its total net revenues for the year declined to RMB 6.079 billion.
Despite a reported net loss of RMB 172.2 million in the latest quarter, HUYA announced a new dividend plan and extended its stock buyback program.
The company is focusing on content innovation and user experience enhancement for sustainable growth in 2025.
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Las acciones de HUYA Inc. disminuyen a pesar del crecimiento de los ingresos, ya que los analistas bajan su calificación a "Aguanta".