Koolearn Technology surged 660% this month as its live-streaming videos go viral, some doubt sustainability
Koolearn Technology surged 660% this month as its live-streaming videos go viral, some doubt sustainability

Koolearn Technology surged 660% this month as its live-streaming videos go viral, some doubt sustainability

 

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Koolearn Technology, the online education arm of New Oriental Education, continued to rally on Thursday, surging as much as 100% to jump above HK$30 mark at one point, before closing 72.7% up at HK$28.6, making it 360% higher than last Friday and bringing its month-to-date gain to 660%.

The shares have been soaring since last week, jumping by more than 39%, nearly 40%, 23% and 54%, respectively, in the . . .

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