$Kingsoft Cloud Holdings Ltd(KC)$ why it's so big increase of stock price ? margin a bit improved, stock repurchase was done. company still far away from cash positive.The absence of the forces that made Chinese stocks irrational decrease since Feb 21, thus any decent news is considered really really good news. Just ask yourself was it rational for the stock to drop from 70 to 2.5 without the presence of substantial impairment in operations.
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