Somewhat Favorable News Coverage Somewhat Unlikely to Affect The9 (NCTY) Stock Price
Media coverage about The9 (NASDAQ:NCTY) has trended somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The9 earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.9442539217801 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- The9 Limited Announces Share Purchase Plan by Chairman and CEO (prnewswire.com)
- The9 To Sell 21 Mln Shares For Minority Equity Stake In Leading Choice (nasdaq.com)
- The9 Limited Announces Share Exchange Transaction (finance.yahoo.com)
- BRIEF-The9 Limited Announces Share Exchange Transaction (finance.yahoo.com)
Shares of The9 stock traded up $0.45 on Tuesday, reaching $1.53. 9,786,000 shares of the company traded hands, compared to its average volume of 287,152. The9 has a 52 week low of $0.83 and a 52 week high of $5.04.
The9 Limited, together with its subsidiaries, operates as an online game developer and operator in the People's Republic of China. The company offers online games, including massively multiplayer online games, mobile games, Web games, and TV games. It also provides training services, such as smartphone application programming training services to college students.
Featured Story: Average Daily Trade Volume – What It Means In Stock Trading
Receive News & Ratings for The9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The9 and related companies with MarketBeat.com's FREE daily email newsletter.