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Yuanbao (NASDAQ:YB) Shares Gap Down - Here's What Happened

Yuanbao logo with Finance background

Yuanbao Inc. - Sponsored ADR (NASDAQ:YB - Get Free Report)'s share price gapped down prior to trading on Thursday . The stock had previously closed at $30.85, but opened at $29.81. Yuanbao shares last traded at $28.63, with a volume of 42,926 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered Yuanbao from a "buy" rating to a "hold" rating in a research note on Sunday, June 15th.

View Our Latest Analysis on YB

Yuanbao Price Performance

Yuanbao (NASDAQ:YB - Get Free Report) last released its quarterly earnings results on Thursday, June 5th. The company reported $0.89 EPS for the quarter. The business had revenue of $133.68 million for the quarter.

Yuanbao Company Profile

(Get Free Report)

Our mission is to protect health and well-being through technology. We are a leading technology-driven online insurance distributor in China. We take pride in pioneering the seamless integration of insurance with cutting-edge technologies, and have constructed a highly efficient full consumer service cycle engine.

Further Reading

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