Why NetEase Stock Was Up Before Falling This Week
Week to date, shares of NetEase (NASDAQ: NTES) were up 4.4% as of 10:21 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence. The Chinese game services provider delivered earnings results that fell short of expectations. In other news, Activision Blizzard announced it was suspending game services in China after failing to extend its licensing agreement with NetEase.