The9 (NASDAQ:NCTY) Cut to Sell at StockNews.com

StockNews.com lowered shares of The9 (NASDAQ:NCTYFree Report) from a hold rating to a sell rating in a research report report published on Thursday.

The9 Price Performance

Shares of The9 stock opened at $8.60 on Thursday. The9 has a fifty-two week low of $3.55 and a fifty-two week high of $10.00. The business’s fifty day moving average is $6.91 and its two-hundred day moving average is $7.33.

About The9

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The9 Limited, together with its subsidiaries, operates as Internet company in the People's Republic of China and internationally. It also involves in the operation of cryptocurrency mining and Non-Fungible Token platform NFTSTAR, a NFT trading and community platform that provides users with purchase, trade, and interactive activities.

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