Stock Alert: 17 Education & Technology Up 15%

By RTTNews Staff Writer   ✉   | Published:

Shares of Chinese educational tech company 17 Education & Technology Group Inc. (YQ) are currently gaining nearly 15% despite no stock-related news.

U.S. stocks opened higher on Wednesday morning as investors are optimistic on fresh fiscal stimulus spending.

YQ is currently trading at $17.18, up $2.12 or 14.08%, on the Nasdaq.

17 Education & Technology Group is an education company that provides K-12 online education service in China. The company recently raised $288 million in its US IPO. Its ADSs started trading on the Nasdaq on December 4, 2020 under the ticker symbol "YQ."

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