Zhihu (ZH) saw its stock price surge by 5.35% over the last 24 hours, driven by positive investor sentiment following the company's recent share repurchase announcement.
The company repurchased 99,000 of its shares at a total cost of $116,600 on January 9, signaling confidence in its valuation and future prospects. Such buybacks often lead to increased demand for the stock, contributing to upward price movements.
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