Weekly Recap | Bilibili -3.05%, intraday 52-week low
Weekly Review·
- Bilibili shares fell 3.05 % to close at $ 14.44, underperforming the S & P 500 and hitting a 52 - week low of $ 14.315 during the week.
- The decline was driven by a concentrated sell-off in the latter half of the week, alongside the filing of an S-8 form with the SEC to register new shares for an incentive plan.
- Despite the weak price performance and a wide target price range, 32 institutional coverage maintained a consensus rating of strong buy with an average target price of $ 26.71.
