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Full Truck Alliance shares fall 32% over the past year despite improved profitability

The Motley Fool +1 · ·by G4L

YMM
YMM Full Truck Alliance Co Ltd ADR
$8.84 -1.45%
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  1. 1Full Truck Alliance shares recorded a 32% decline over the past year.
  2. 2Full Truck Alliance's fulfilled order volume growth rate reached nearly 13% in the second quarter.
  3. 3Full Truck Alliance's operating profit surged 30% in the second quarter.

So what's the key point?

Full Truck Alliance earned more money, but its stock price fell 32% over the past year. This means the stock price went down even though the company made a profit.

Source The Motley Fool +1 · View original ↗

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