Pop Mart International Group (OTCMKTS:PMRTY) Shares Gap Up - Here's What Happened

Key Points

• Pop Mart International Group's shares opened at $36.00, up from a previous close of $34.65, indicating a positive market reaction.
• Analyst Zacks Research has upgraded Pop Mart International Group's rating to "hold" as of August 12th.
• The company specializes in the design, development, and sale of pop toys and operates primarily in China and internationally.

Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $34.65, but opened at $36.00. Pop Mart International Group shares last traded at $36.35, with a volume of 5,361 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Pop Mart International Group to a "hold" rating in a research note on Tuesday, August 12th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Pop Mart International Group Stock Performance

Pop Mart International Group Company Profile

Pop Mart International Group Limited is an investment holding company engages in the design, development and sale of pop toys principally in the People's Republic of China, Hong Kong, Macao, Taiwan and internationally. The company offers blind boxes. Pop Mart International Group Limited is based in Beijing, the People's Republic of China.