Why Shares of 51job Inc. Popped Today [The Motley Fool]
51job, Inc. - American Depositary Shares, each representing two common shares (JOBS)
Last 51job, inc. - american depositary shares, each representing two common shares earnings: 8/5 04:15 pm
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Source: The Motley Fool
The Chinese stock rebounded from a decline earlier in the week. Timothy Green ( TMFBargainBin ) Sep 13, 2018 at 4:38PM What happened Shares of Chinese human-resources service provider 51job, Inc. ( NASDAQ:JOBS ) rose on Thursday on no apparent news. The rally undoes some of the decline suffered by the stock on Sept. 10 . 51job stock was up 9.8% when the market closed. So what There was nothing specific driving shares of 51job higher on Thursday. The decline on Monday was also not driven by any news. Image source: Getty Images. The stock has been tumbling since it peaked in June, a downtrend that was exacerbated by a mixed second-quarter report in early August. Even after Thursday's gains, the stock is still down about 38% from its peak. Thursday's rally may be nothing more than a beaten-down stock bouncing off fresh lows. No
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