36Kr Holdings Inc. American Depositary Shares (KRKR)

36Kr Holdings Inc. reported a decrease in revenues and net loss for the second half and fiscal year 2024, primarily due to reduced advertising spending, strategic refocusing, and impairment losses. The company implemented cost-cutting measures to improve operational efficiency.

Match Group shares jumped 8% in pre-market trading after Starboard Value took a stake of over 6.5% in the company and is advocating for a potential sale. Several other stocks also saw significant pre-market movement.

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