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0 0 0 0 0 0.0334302325581396 0.0319767441860466 0.026889534883721
Stock impact report

Why Kingsoft Cloud Holdings Limited (KC) Surged on Wednesday [Yahoo! Finance]

Kingsoft Cloud Holdings Limited - American Depositary Shares (KC) 
Company Research Source: Yahoo! Finance
Kingsoft Cloud Holdings Limited (NASDAQ:KC) stands against the other stocks that soared on Wednesday. The stock market finished Wednesday's trading on a lackluster note, with the three major indices finishing mixed, as investors digested news of the US economy's contraction in the first quarter of the year that triggered fears of a possible recession. Among all major indices, only the Dow Jones and S&P 500 ended in the green, up 0.35 percent and 0.15 percent, respectively. In contrast, the tech-heavy Nasdaq dipped by 0.09 percent. Ten firms, on the other hand, managed to record strong gains, thanks to impressive earnings performance and optimistic outlooks for the rest of the year. We have named 10 of the top-performing stocks on Wednesday and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. An executive standing in front of their headquarters building, pr Show less Read more
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