Shares of Chinese videogame company Bilibili Inc. BILI, +14.05% are up 16.6% in Tuesday morning trading after the company reported in-line revenue and a narrower-than-expected loss for its June quarter. The company, which posted results late Monday, generated an adjusted net loss of 2 cents a share on revenue of $150.6 million, whereas analysts surveyed by FactSet were expected an adjusted loss per share of 9 cents on revenue of $149.6 billion. Shares are on track to post their largest single-day percentage gain since June 8, when the stock rose 16.8%. Bilibili's stock is down 5.6% over the past three months, while the S&P 500 SPX, +0.09% has climbed 6.5%.
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