Atour Lifestyle Holdings Limited (NASDAQ: ATAT) saw its stock surge 5.06% intraday on Monday, reflecting strong investor confidence following the company's upgraded revenue forecast for 2025.
The hotel operator now expects 35% revenue growth for the year, up from its initial 25% forecast, driven by robust performance in its retail business, particularly in bedding products like pillows. This positive revision has bolstered investor sentiment, contributing to the stock's upward movement.
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