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FENG – market data & news
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Phoenix New Media Ltd – ADR (NYSE: FENG), a Beijing, Beijing company, closed at $ 1.44 on Wednesday after rising $ 0.04 (2.86%) on a volume of 126,164 shares. The stock ranged from a high of $ 1.45 to a low of $ 1.40, while Phoenix New Media’s market cap is now $ 47,699,814.
About Phoenix New Media Ltd – ADR
Phoenix New Media Limited is a leading new media company providing premium content on an integrated Internet platform including PC and mobile device in China. Born from a leading global Chinese-language television network based in Hong Kong, Phoenix TV, the company enables consumers to access professional news and other high-quality information and share user-generated content on the Internet via their personal computers and mobile devices. Phoenix New Media’s platform includes its PC channel consisting of the ifeng.com website, which includes interest-based vertical and interactive services; its mobile channel consisting of mobile news applications, mobile video applications and a mobile internet website; and its dealings with the telecommunications operators that offer mobile value-added services.
Visit Phoenix New Media Ltd – ADR’s profile for more information.
The daily fix
Here is a trend pick from our The Daily Fix newsletter that caught readers’ attention. Click here to subscribe and get The Daily Fix delivered to your inbox.
Republican Glenn Youngkin wins the gubernatorial race in Virginia
Republican Glenn Youngkin won the Virginia Governor’s Race early Wednesday, taking advantage of the culture wars for schools and races to match former President Donald Trump’s most ardent supporters with enough suburban voters to become the first GOP nominee in a A nationwide office for a dozen years.
Youngkins, 54, lost to Democrat Terry McAuliffe marked a sharp turnaround in a state that had shifted to the left over the past decade, taking President Joe Biden with 10 points in 2020. And when the party felt the sting of defeat, Democratic Governor Phil Murphy of New Jersey was practically bogged down in his attempt to win re-election in a state that Biden won by 15 points.
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The Big Working Dilemma – How It Started and Where We Are Now
In September, the US economy created 194,000 jobs, well below analysts’ consensus expectation of 500,000 jobs. The unemployment rate fell from 5.2% in August to 4.8%. Ironically, there are many jobs available for workers, but companies from all sectors report difficult conditions for attracting workers.
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T. Rowe Price to acquire Oak Hill Advisors for $ 4.2 billion
T. Rowe Price Group Inc plans to acquire loan manager Oak Hill Advisors for up to $ 4.2 billion, marking its first major expansion into private markets as part of an attempt to grow beyond its mutual fund repurchase business.
Last week, the Baltimore-based money management company announced that it would pay cash and shares to acquire 100% of Oak Hill’s equity, which has $ 53 billion under management as of July 31.
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Via the New York Stock Exchange
The New York Stock Exchange is the largest exchange in the world by market value at over $ 26 trillion. It is also a leader in initial public offerings of $ 82 billion in 2020, including six of the seven largest technology deals. 63% of SPAC’s 2020 revenue was raised on the NYSE, including the six largest deals.
For more information about Phoenix New Media Ltd – ADR and to keep track of the latest updates from the company, please visit the company’s profile page here: Phoenix New Media Ltd – ADR’s Profile. For more news on the financial markets, see Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories in your inbox 5 days a week.
Sources: The chart is provided by TradingView based on 15 minute delayed prices. All other data will be made available by IEX Cloud starting at 8:05 p.m. ET on the day of publication.
DISCLOSURE: The views and opinions expressed in this article are those of the authors and do not reflect the views of equities.com. Readers should not regard statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer
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