Stock Track | MEITU Soars 5.99% Intraday on MSCI Inclusion, Share Buyback, and Positive Analyst Rating

Stock Track

05/19

MEITU's stock price soared 5.99% during Tuesday's intraday trading session, marking a significant upward movement.

The surge is attributed to several positive developments. Firstly, MSCI announced the inclusion of Meitu Inc in its Global Small Cap Index, which is expected to attract passive fund inflows. Secondly, the company demonstrated confidence in its valuation by repurchasing 2.241 million shares. Additionally, Guotou Securities maintained a Buy-A rating on the company, highlighting AI Agent technology as a key driver for future growth in average revenue per user and paid user penetration.

The stock's strong performance represents a technical rebound after consecutive sessions of decline, with the convergence of these multiple catalysts providing renewed investor optimism.

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