NetEase Shares Tumble On Weak Q3 Sales, Profit Dip
Shares of Chinese Web portal NetEase (NTES) dropped more than 6% in afternoon trading Thursday, a day after the company reported weak Q3 results that missed Wall Street's expectations. Per-share profit dropped to 98 cents in Q3, down a penny from a year earlier and missing analyst views of $1.07 per share. The company's exclusive Chinese license for the Activision Blizzard (ATVI) game "World of Warcraft" sent NetEase's sales skyrocketing in
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