Why 21Vianet Stock Soared Today

Shares of 21Vianet Group (NASDAQ: VNET), a China-based data center company, soared on Wednesday. The stock was up 26.6% at one point but finished the trading day up 20.4%.

The stock's big gain followed 21Vianet's third-quarter results. Shares are likely trading higher on investor optimism regarding the company's better-than-expected profitability.

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Source Fool.com