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Why Bilibili Stock Jumped on Monday

TheMotleyFool

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Shares of China-based online entertainment provider Bilibili (NASDAQ: BILI) jumped sharply on Monday. The stock rose as much as 12.2% at one point during the trading day. As of 2 p.m. EST, the stock was up about 9%.

The stock's gain is likely due at least in part to its momentum toward the end of 2020, some of which has been triggered by strong operational results and a recent trade deal between China and the European Union.

Image source: Getty Images.

Source Fool.com

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