GSX Techedu Inc. ADR (GSX) News

GSX Techedu Inc. ADR (GSX): $27.08

1.29 (-4.55%)

POWR Rating

Component Grades

Momentum

C

Stability

F

Sentiment

Quality

C

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GSX News Highlights

  • GSX's 30 day story count now stands at 7.
  • Over the past 19 days, the trend for GSX's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
  • The most mentioned tickers in articles about GSX are VIEW, DRNA and PH.

Latest GSX News From Around the Web

Below are the latest news stories about GSX Techedu Inc that investors may wish to consider to help them evaluate GSX as an investment opportunity.

Goldman Sachs Says These 3 Stocks Could Surge Over 70%

Are we at the start of a boom or a bust? That’s the question on investors’ minds these days, as the world gets back on its feet following the COVID crisis. The recent April jobs report, with its mix of good and bad news, puts the question into sharp relief. First, the good news. April saw 266,000 new jobs created. On the negative side, economists had predicted as many as 1 million. The expectation has been that this economic recovery will be heavily front-loaded regarding job recreation – the theory is, the jobs are there; they are just waiting for workers to go back to them. That’s not quite happening. Looking at the situation for Goldman Sachs, chief economist Jan Hatzius notes of the jobs numbers that “…reopening effects likely overlapped with normal seasonal hiring patterns, resulti...

Yahoo | May 11, 2021

Bulls vs. Bears: Who's Right About GSX Techedu's Stock?

GSX Techedu (NYSE: GSX) has been a polarizing stock since its IPO in mid-2019. The Chinese online education company went public at $10.50 a share, then soared above $110 last August as stay-at-home measures boosted demand for its services.

Yahoo | May 3, 2021

Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday

Investors need to get ready for another busy day of trading with our top pre-market stock movers list of winners and losers on Wednesday!

William White on InvestorPlace | April 28, 2021

Why GSX Techedu Stock Is Jumping 9% Today

Shares of GSX Techedu (NYSE: GSX) were 9% higher in midday trading Monday on no news that really should have caused the stock to rise. It filed its annual report with the Securities and Exchange Commission (it reported results back in early March) and announced it was changing its stock ticker symbol on the NYSE from GSX to GOTU. If nothing else, it is a curious market reaction to the company's SEC filing because it acknowledges its stock is often under attack from short-sellers like Muddy Waters, which contends most of the users of the Chinese distance-learning platform are robots.

Yahoo | April 26, 2021

GSX Files 2020 Annual Report on Form 20-F

GSX Techedu Inc. (the "Company") (NYSE: GSX), a leading online K-12 large-class after-school tutoring service provider in China, today filed with the U.S. Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended December 31, 2020. The annual report on Form 20-F is available on the Company's investor relations website at http://gsx.investorroom.com/.

Yahoo | April 26, 2021

GSX Techedu Inc. to Change its NYSE Ticker Symbol

GSX Techedu Inc. (the "Company") (NYSE: GSX), a leading online K-12 large-class after-school tutoring service provider in China, today announced that it will change its ticker symbol on the New York Stock Exchange from "GSX" to "GOTU." Trading under the new ticker symbol will begin on May 6, 2021.

Yahoo | April 26, 2021

Bill Hwang Implosion Bruises Billionaire Teacher From China

(Bloomberg) -- It’s been a turbulent few weeks for Larry Chen, a former school teacher from a poor Chinese village who’s now one of the world’s richest people.His online tutoring firm, GSX Techedu Inc., has been battered in the stock market, tumbling more than 80% since late January. Last month, the investor with the largest exposure to the shares -- Bill Hwang’s Archegos Capital Management -- imploded when it was unable to answer margin calls.Short sellers including Carson Block’s Muddy Waters and others have been circling since last year, and GSX’s latest financial results showed wider-than-expected losses. It faced a new barrage this month, with Grizzly Research issuing a report questioning the number and qualifications of teachers working for the company, and arguing that auditor De...

Yahoo | April 26, 2021

Why GSX Techedu Is Tumbling 10% Today

Shares of GSX Techedu (NYSE: GSX) were falling nearly 10% in afternoon trading Thursday despite China Merchants Securities analyst Tommy Wong upgrading the Chinese remote-learning company's stock from hold to buy. Typically a big upgrade by an analyst, not to mention a hike in the price target which implies the stock should double in value, would send most stocks soaring, especially one as volatile as GSX Techedu.

Yahoo | April 22, 2021

GSX Firmly Denies Allegations in Grizzly Report

GSX Techedu Inc. (NYSE: GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today firmly denies the false and ungrounded allegations raised in a report by Grizzly Research dated April 8, 2021. The Company strongly believes that the report contains numerous errors, unsubstantiated statements, and misinterpretation of information.

Yahoo | April 9, 2021

PreMarket Prep Stock Of The Day: GSX Techedu

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel. By now, it's well-known that several issues in the media sector as well as Chinese companies listed on U.S. exchanges were decimated in Friday’s session due to forced liquidation by the family-owned Archegos Hedge Fund. One of those issues that were a victim of the onslaught was GSX Techedu Inc. (NYSE: GSX). The Company: GSX Techedu is a technology-driven education company with c...

Yahoo | March 29, 2021


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