Xunlei (NASDAQ:XNET) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Wednesday.
XNET has been the topic of a number of other research reports. TheStreet upgraded shares of Xunlei from a “d+” rating to a “c-” rating in a report on Monday, November 13th. ValuEngine lowered shares of Xunlei from a “hold” rating to a “sell” rating in a report on Friday, December 1st.
Shares of Xunlei (XNET) opened at $13.39 on Wednesday. Xunlei has a 1-year low of $3.11 and a 1-year high of $27.00.
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Xunlei Limited (Xunlei) is a cloud-based acceleration technology company. The Company operates an Internet platform in China based on cloud computing to enable users to access, manage and consume digital media content. The Company’s segment is the operation of its online media platform. The Company’s products and services include Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet, and cloud acceleration subscription services, which offer user services for speed and reliability.
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