Shares of Sohu (SOHU, Financial) experienced significant volatility, rising by 5%. The stock is currently priced at $16.27 per share with a trading volume of 353,426 shares and a turnover rate of 1.07%, reflecting a price amplitude of 4.84%.
According to the latest financial report, Sohu achieved a revenue of $172 million, although it reported a net loss of $37.66 million, resulting in an earnings per share (EPS) of -$1.16. The gross profit stood at $116 million, and the price-to-earnings (P/E) ratio was -6.02.
Institutional ratings for Sohu were optimistic, with both participating institutions giving a buy recommendation and none suggesting a hold or sell.
Within the digital entertainment sector, where Sohu operates, the overall increase was 2.48%. Related stocks showing significant gains include Blue Hat Interactive, Bilibili, and NetEase. Notably, Bilibili, Motorsport Games Inc., and Blue Hat Interactive were particularly active, with turnover rates of 7.48%, 3.22%, and 2.39% respectively. Stocks with significant price amplitude in this sector were Blue Hat Interactive, Trugolf Holdings, Inc., and Bilibili, showing fluctuations of 26.99%, 14.95%, and 12.50% respectively.
Sohu Corporation provides online media, gaming, and search products and services across PCs and mobile devices in China. The company operates through its Sohu and Changyou segments, offering various online games including MMORPGs, casual, and strategic games. Furthermore, it manages focus.cn for real estate information and 17173.com for game-related news and services. The Changyou segment is the major revenue contributor for the company.
