NCTY Stock Experiences Sharp Decline Amid Market Volatility

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Dec 10, 2024
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The9 Limited (NCTY, Financial) saw its stock price drop by 5.18%. The stock is currently priced at $17.02 per share, with a trading volume of 92,858 shares and a turnover rate of 1.03%. The stock's recent financial report indicates revenue of $25.27 million, a net loss of $19.32 million, and an earnings per share of -$5.81. The gross profit stood at -$4.64 million, with a price-to-earnings ratio of 20.49. No institutional ratings are available for buy, hold, or sell recommendations.

The overall capital market sector saw a slight decline of 0.02%. Notably, stocks like Atif Holdings and Netcapital Inc showed significant gains, while Bitcoin Depot Inc and Forge Global Holdings exhibited high volatility.

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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.