Why Investors Were so hot on Miniso Stock This Week
MNSO(MNSO) The Motley Fool·2024-03-15 21:59
Asian goods retailer Miniso (MNSO) was a popular item for investors this week. Over the five days the market was open, the Chinese company's U.S. shares climbed almost 16% higher, according to data compiled by S&P Global Market Intelligence. One specific event provided the catalyst for this leap.Double-digit improvements on key line items in the fourth quarterThat event was the release of Miniso's fourth-quarter earnings report, which featured growth numbers that were well in the double digits.Revenue, for ...