Gaotu Techedu Inc
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Consumer Discretionary : Diversified Consumer Services |
Based in China
Company profile

Gaotu Techedu Inc, formerly GSX Techedu Inc, is a China-based holding company principally involved in the provision of technology-driven education services. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services. It also offers foreign language, professional and interest courses. The Company conducts its businesses in Mainland China.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees


Last Trade
0.14 (5.76%)
B/A Size

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Closing Price
Day's Change
0.00 (0.00%)
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10-day average volume:

GSI Technology stock falls 10% premarket

8:44 am ET May 16, 2023 (MarketWatch)

Shares of small cap GSI Technology Inc. (GSIT), a loss-making semiconductor company that has been attracting meme-like attention, fell 10.1% in premarket trades Tuesday. The stock closed up 4.9% Monday at a new high of $5.34 on trading volume three times higher than the prior 30-day average, FactSet data show. Shares of GSI Technology skyrocketed 210.4% Friday. The stock is up 209% in 2023, outpacing the S&P 500 index's gain of 7.7%. With a market cap of $125.7 million, GSI Technology is relatively small, particularly when compared with meme stock darlings AMC Entertainment Holdings Inc. (AMC) and GameStop Corp. (GME). According to a GSI Technology filing with the SEC Monday, Orin Hirschman, managing member of Maryland-based AIGH Capital Management, has taken an 8.1% stake in the semiconductor specialist. AIGH Capital Management has $271.3 million in managed securities, according to a separate SEC filing Monday. As of March 31, 2023 the majority of AIGH Capital Management's holdings were in healthcare and tech, according to Nasdaq data.

-James Rogers

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(END) Dow Jones Newswires

May 16, 2023 08:44 ET (12:44 GMT)

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