Sohu is trying to acquire the Chinese video game developer.
News & Analysis: Sohu.com
But merging two underdog Chinese tech companies won’t create one market leader.
The Chinese stock soared despite no company-specific news.
The Chinese dot-com pioneer hits its lowest level since the springtime of 2003 after posting mixed financial results last week.
The Chinese internet media leader is bouncing back from its post-earnings plunge earlier this week.
See why Berkshire and Sohu kept investors on their toes on a harrowing day for the broader market.
SOHU earnings call for the period ending June 30, 2019.
Revenue slumped in the second quarter, missing expectations.
The Chinese dot-com pioneer has seen its stock soar 34% in the first two trading days since posting its first-quarter results.
A solid earnings report has led to two days of gains.