Chinese streaming company DouYu International Holdings Ltd (NASDAQ:DOYU) came into focus among many investors yesterday and its stock seemed to have gone into recovery mode after having slumped recently. Yesterday, the stock may have jumped by 9% but at the same time investors ought to keep in mind that over the course of the past …
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DouYu International Holdings (NASDAQ:DOYU) Stock Takes a Hit: A Good Buy Opportunity Now?
DouYu International Holdings Limited (NASDAQ:DOYU) dropped 9% after the company announced that the Chinese State Administration for Market Regulation (SAMR) had prohibited its proposed merger with Huya Inc. after an antitrust review. The eSports value chain pioneer and game-centric streaming platform will abide and respect the SAMR decision. The company has indicated that it will …