DouYu: Q2 Results Miss And Shareholder Capital Return Draw Attention
DOYUDouYu(DOYU) Seeking Alpha·2024-09-13 16:42

Sean Anthony Eddy/E+ via Getty Images I still have a Hold rating for DouYu International Holdings Limited (NASDAQ:DOYU). DOYU's Q2 2024 financial results fell short of expectations, and the company's short-term outlook is unfavorable taking into consideration China's latest economic and industry data. But DouYu is cash rich and there is the potential for the company to initiate a new share buyback plan or distribute special dividends in the future. My earlier update published on June 19, 2024 highlighted th ...