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Kuaishou Technology Surges Most in Over a Week After Selloff

Kuaishou Technology shares rallied as much as 9.5%, snapping a five-day slide, following an upgrade by Bernstein.

The short-video app’s stock plunged by a record last week after a so-called lockup expired, permitting the sale of a massive amount of shares purchased by investors before and in the company’s initial public offering.

Source: Bloomberg