Why GDS Stock Plummeted This Week
From NASDAQ.: 2025-03-22 23:44:00
GDS stock (NASDAQ: GDS) experienced a significant sell-off after the company’s fourth-quarter report, with shares down 21.5% from the previous week. Despite this, the stock is still up 231% over the last year. The company posted earnings of $3.08 per share on sales of $368.6 million in Q4, but mainly due to one-time events. GDS anticipates sales between 11.29 billion and 11.59 billion Chinese yuan for the full year, signaling potential growth of 11%. While GDS has growth opportunities ahead, conservative sales guidance may lead to slower revenue expansion than expected by investors.
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