FENG Stock Drops 14.40% Amid Lack of Institutional Ratings

Dec 06, 2024

Phoenix New Media (FENG, Financial) experienced a significant stock decline of 14.40%, trading at $2.14 per share. The trading volume was 348 shares with a turnover rate of 0.00% and an amplitude of 1.80%. Recent financial reports show revenue of $22.92 million and a net loss of $2.58 million, translating to earnings per share of -$0.21 and a gross profit of $8.69 million. The P/E ratio stands at -5.03. Currently, no institutions have issued buy, hold, or sell ratings for the stock.

In the internet information services sector, which saw an overall increase of 1.84%, related stocks like Taboola Com Ltd, Jinxin Technology, and The Arena Group Holdings, Inc. showed notable gains.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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