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Why Shares of Zhihu Are Rising Today

·2 min read
Why Shares of Zhihu Are Rising Today
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Shares of the Chinese online content community Zhihu (NYSE: ZH) traded nearly 18% higher as of 10:17 a.m. ET today after receiving some positive sentiment from Wall Street this morning. J.P. Morgan analyst Alex Yao upgraded Zhihu from an underweight rating to neutral, although he lowered his price target on the company from $1.80 per share to $1.50. As of this writing, shares of Zhihu traded around $1.60.