Atour Lifestyle Holdings (NasdaqGS:ATAT) Announces $400M Share Buyback And New Revenue Guidance

6 hours ago 1
Atour Lifestyle Holdings (NasdaqGS:ATAT) saw its stock price rise by 30% over the last month following several key announcements. The company reported increased quarterly revenue despite a decline in net income, which suggests improved operational performance. A new buyback program aiming to repurchase shares and enhance shareholder value could have positively influenced the share price. The dividend decrease may have added some balanced weight contrary to the upward movement, but the overall...
Read Entire Article