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GOTU's business pivot is still in progress, as evidenced by the increase in selling and marketing costs and a divergence in the performance of its various businesses. I have a positive view of Gaotu Techedu's new share repurchase plan, but I am worried about compliance risks for GOTU. My rating for GOTU is a Hold, as I have a mixed view of the company's shares.
GOTU's business pivot is still in progress, as evidenced by the increase in selling and marketing costs and a divergence in the performance of its various businesses. I have a positive view of Gaotu Techedu's new share repurchase plan, but I am worried about compliance risks for GOTU. My rating for GOTU is a Hold, as I have a mixed view of the company's shares.

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