U.S. stock market anomaly | New Oriental Education & Technology Group Inc. (SY.US) surged over 34%, with a cumulative increase of over 320% since the end of June.
According to the Wisdom Finance APP, on Monday, the stock price of New Oxygen (SY.US) surged, and as of the time of writing, the stock price had risen by more than 34% to $4.36 per share. Since the end of June, the stock has accumulated a total increase of over 320%. On the news front, New Oxygen Youth Clinic announced that its operating stores have reached 31, ranking first in the number of chain stores of light medical beauty in China for the first time. At the same time, chain business revenue has become the largest source of income for New Oxygen Group this month. New Oxygen founder Jin Xing stated in an internal letter that this is a significant milestone for the entire New Oxygen Group, marking the strategic transformation that the group has implemented over the past few years and officially entering the New Oxygen 2.0 phase. New Oxygen is no longer just an information platform for transaction matching but is transitioning towards an industrial platform that integrates platform business and self-operated business based on industrial vertical integration.
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