Chinese technology conglomerate JOYY Inc. advanced to a 52-week high of $77.81 on Wednesday, extending gains that have pushed the stock up 57% over the past year.
The rally followed the release of second-quarter 2026 results that exceeded analyst expectations. Revenue rose 16.3% year-over-year to $591 million, surpassing Wall Street’s consensus estimate of $569.85 million by $21.15 million, or 3.7%. The company attributed the growth to improvements in advertising technology and e-commerce, which offset continued but moderating weakness in its live-streaming segment.
JOYY also maintained its share repurchase program and provided an optimistic outlook for full-year profitability. The stock’s 52-week high of $76.68 was surpassed during intraday trading, with shares last quoted at $77.81. The company’s dividend yield stands at 6.37%, offering additional income support to investors.
