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Benzinga

Business

Henry Khederian

MYSTERIOUS: Why gaotu techedu shares are rising today - What They Never Told You

Gaotu Techedu Inc (NASDAQ:GOTU) shares are trading higher by 15.53% at $1.52 after the company announced first-quarter earnings results.

Gaotu Techedu reported first-quarter EPS of 6 cents. Gaotu Techedu also reported first-quarter sales of $114.30 million which beat the analyst consensus estimate of $82.4 million.

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