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Full Truck Alliance Stock Rises 12% On Q4 Strong Revenue, Income Growth

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Full Truck Alliance Co. Ltd. (YMM) is trading at $13.15, up 12.64 percent or $1.48, following robust financial results. Total net revenues for the fourth quarter of 2024 reached RMB3,174.3 million, up 31.8 percent from RMB2,408.0 million in the same period of 2023.

The stock opened at $13.01 and has traded between $12.27 and $13.17 today, compared to its previous close of $11.67. Current volume is 14.87 million shares, exceeding the average volume of 8 million. Its 52-week range is $5.70 to $13.17.

Net income for the fourth quarter was RMB574.6 million, slightly down from RMB588.3 million year over year.

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