Is This Chinese E-Sports Stock Still Worth Buying?
DouYu International (NASDAQ: DOYU), one of the top video game and live streaming platforms in China, went public nearly a year ago at $11.50 per share. However, DouYu didn't dazzle investors as much as its rival Huya (NYSE: HUYA), which serves a larger e-sports audience.
DouYu's stock remains more than 20% below its IPO price, while Huya has rallied nearly 30% since its public debut. DouYu's latest first-quarter report also didn't bring back the bulls. Let's examine this oft-overlooked e-sports stock to see if it's still worth buying.
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Source Fool.com
