You On Demand Holdings Inc (NASDAQ: YOD), a national pay-per-view and video on demand provider in China, recorded over a 27% gain during each of the past two consecutive trading sessions with significant number of shares exchanging hands. YOD was among the top performers in U.S. technology sector after gaining 27.3% and closed at $3.12 Wednesday, while recording significant trading volumes of 24.5 million shares. During the past 5-trading sessions, YOD gained 80% with daily average trading volumes of 6.2 million shares, while the stock accumulated 58% gain during the past one month with daily average trading volumes of 1.1 million shares.
Company Description:
You On Demand Holdings Inc. (NASDAQ: YOD) is a national pay-per-view and video on demand provider in China. The Company offers movies to television viewers across China through its Near Video On Demand (NVOD), Video On Demand (VOD), Subscription Video on Demand (SVOD), and Pay Channel services.
1-Year Stock Chart:
Source: Bloomberg
