Shares of Aurora Mobile Limited (JG) were inclining in premarket? Why did it happen?
Aurora Mobile Limited (NASDAQ: JG) a leading big data solutions platform in China, saw stock price rising immensely as Oppenheimer analyst Bo Pei initiated coverage of the company with an outperform rating and a $6 price target. JG’s share price declined earlier this year as Aurora reported fourth-quarter results that did not exceed investor expectations. […]