Phoenix New Media (FENG, Financial) experienced a significant stock movement with a 5.70% increase. The stock is currently priced at $2.78 per share, with a trading volume of 2,310 shares and a turnover rate of 0.02%. The stock's amplitude is 5.23%. Recent financial reports indicate the company achieved a revenue of $22.92 million, a net loss of $2.58 million, and an earnings per share of -$0.21. The gross profit stands at $8.69 million, with a price-to-earnings ratio of -5.64. Currently, there are no institutional ratings for buying, holding, or selling this stock.
In the internet information services sector, which saw an overall increase of 1.30%, related stocks like Taboola Com Ltd C/Wts (To Pur Com), Podcastone, Inc., and Locafy Limited C/Wts 29/03/2027 (To Pur Com) showed significant gains. Meanwhile, other active stocks in the sector include TuanChe Ltd, Asset Entities Inc., and Trump Media & Technology Group, with turnover rates of 41.24%, 4.70%, and 3.06% respectively. Notably, stocks with high amplitude include Podcastone, Inc. at 29.65%, Vivid Seats Inc C/Wts 18/10/2026 (To Pur Com) at 29.35%, and Super League Enterprise, Inc. at 18.98%.
Phoenix New Media Ltd is a media company in China that offers premium content across internet, mobile, and TV platforms. The company operates two main segments: online advertising services and paid services, distributing content through Phoenix Net Channel, Video Channel, and Mobile Channel. Its revenue primarily comes from online advertising services, with China being its main geographical market.
