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Stock impact report

So-Young Dolls Up With Pivot To High-End Services [Seeking Alpha]

So-Young International Inc. - American Depository Shares (SY) 
Company Research Source: Seeking Alpha
The company's new So-Young Prime service for high-end users helped to fuel a 22.2% revenue jump in its information services segment last year. The company's evolution towards a more direct provider of cosmetic products and services is still a work in progress. The cosmetic services social media platform is developing its own clinics as well as a premium platform for high-end users So-Young International Inc.'s NASDAQ: SY latest quarterly results provided a facelift for its tired stock, which jumped 4% in the days after its announcement last week. Still, the small pop left shares of the cosmetic services platform operator well below prettier times when it debuted on the Nasdaq in 2019 at a price 20 times its Wednesday close of $1.08. The latest results showed that So-Young is charting a new course following a series of setbacks, including greater focus on higher-end customers and a move away from working with smaller cosmetic surgery clinics that have become frequent targets o Show less Read more
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