Joyy Inc. Falls 15% on Canceled Acquisition: Why It’s Time to Sell This Stock Now

By |2024-01-02T18:06:58+00:00January 2nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Momentum was surging for Joyy Inc. (YY) heading towards the end of 2023, as Baidu was set to acquire the Singapore-based streaming company in an all-stock acquisition.  However, the deal has fallen through according to a filing in Hong Kong. YY is down 15% so far in the first trading session of 2024. While [...]