Kanzhun Limited (Nasdaq: BZ; HKEX: 2076), the leading online recruitment platform in China operating BOSS Zhipin, saw its stock soar 6.36% in Friday's intraday trading session. The rally was fueled by two key factors:
Firstly, the company announced that it will report its unaudited consolidated results for the third quarter ended September 30, 2024, before the U.S. market opens on Wednesday, December 11, 2024. Investors are anticipating strong results from the leading online recruitment platform, driving up the stock price ahead of the earnings release.
Secondly, Kanzhun received a boost from a positive analyst rating. Citigroup maintained a "Buy" rating on the stock, providing further confidence in the company's growth prospects and reinforcing investor sentiment.
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