Why DouYu's Stock Is Trading Higher Today

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DouYu International DOYU shares are trading higher on Thursday after JP Morgan upgraded the company's stock from Neutral to Overweight and announced a $11 price target.

DouYu International is a Chinese video-game live-streaming platform and a pioneer in esports value chain. The company operates its platform on PC and mobile apps, providing an interactive and immersive gaming experience.

DouYu International shares were trading up 7.27% at $8.72 at time of publication on Thursday. The stock has a 52-week high of $11.88 and a 52-week low of $6.11.

Related Link:

DouYu Opens Below IPO Price

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