Kingsoft Cloud Stock Drops Again in Run-Up to Earnings
Kingsoft Cloud Holdings' U.S.-traded ADRs headed lower in early indications ahead of the New York open Thursday, after slipping 4.3% in the previous session. Investors are weighing whether the China cloud company's AI narrative will carry over into next week’s earnings report. Shares finished at $13.96 on Wednesday and changed hands at $13.45 early Thursday, based on StockAnalysis. Market cap was around $4.19 billion.
