U.S. stock market update: Quantasing rises 9.81%

U.S. Stock Market Midday Update

Quantasing rose 9.81%, with increased trading volume. According to recent key news:

1. On September 19, Quantasing announced that its trendy toy business is expected to generate revenue of 100 million to 110 million yuan in the first quarter of fiscal year 2026, with annual revenue projected to be 750 million to 800 million yuan. This optimistic financial outlook boosted market confidence and drove the stock price up.

2. On September 17, the company released its unaudited financial results for the fourth quarter and the full year. Although there was a year-on-year decline, it showed a quarter-on-quarter growth of 8.3%. This result demonstrates the initial effectiveness of the company's strategic adjustments, further enhancing investor confidence.

3. On September 17, Quantasing announced significant progress in its international expansion, entering the North American and Southeast Asian markets online through TikTok and Shopee, and completing a pop-up test in Jakarta, with plans to expand its distribution network in multiple countries. This news highlights the company's potential for global market expansion, further driving the stock price up. The trendy toy industry is performing strongly, with accelerated international expansion.

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Duolingo fell 0.27%. Based on recent important news:

1. On September 17, Citibank lowered Duolingo's target price from $400 to $375, putting pressure on the stock price. This move reflects the market's cautious attitude towards the company's short-term financial performance.

2. On September 17, analyst Sklar expressed a cautious view on Duolingo's strategic plans, believing that short-term financial gains are not clear enough, affecting market confidence.

3. On September 17, Wells Fargo rated Duolingo as a sell, further exacerbating market concerns about the company's future performance. The industry trend is positive, with active capital flow.

K12 International School rose 0.84%. According to recent key news:

1. On September 18, Stride was rated as a buy by analysts, with a target price of $245, expecting a 54% increase. This positive analyst rating drove the stock price up.

2. On September 20, GPM Law Firm released a press release regarding the company's misconduct, which, although not directly related to K12 International School, may draw market attention to the education sector.

3. No other significant news. The education sector's attention is rising, and the market is active.

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Pearson fell 1.06%, with a market capitalization of $9.002 billion and increased trading volume. According to recent key news:

1. On September 17, Pearson released its latest financial report, showing quarterly revenue below market expectations, leading to a decline in stock price. The report mentioned that the company's profitability was affected by weak market demand and rising costs.

2. On September 18, market rumors surfaced that Pearson is facing an investigation by regulatory authorities, potentially involving financial misconduct. This news raised investor concerns, further pressuring the stock price On September 19th, analysts downgraded Pearson's rating, citing the company's unclear future earnings prospects. Analysts believe that Pearson faces significant challenges in the current market environment and advise investors to remain cautious. The overall performance of the education industry is weak, with increasing macroeconomic pressures