Bilibili (NASDAQ: BILI) went public at $11.50 on March 28, but investors didn't initially love the Chinese tech stock, which slipped below its IPO price on the first trading day. But in mid-May the stock abruptly caught fire and surged past $20 a month later.Most of that gain was driven by the company's solid first quarter report, which featured triple-digit sales growth with narrowing losses.
Should You Chase Bilibili’s Post-ipo Rally?
newsfeedback@fool.com (Leo Sun), The Motley Fool
Wed, 06/27/2018 - 8:11am
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