RTTNews | Jun 9, 2021 01:29PM EDT

13:28 Wednesday, June 9, 2021 (RTTNews.com) - Yatsen Holdings Limited (YSG) is up 6% despite no news from the company.

The shares are currently trading at $11.08, up by 6.57% or $0.68 per share since closing at $10.35 on Tuesday. The company started trading at $10.35 in the morning. In the 52-week period, the shares have ranged from $8.50 to $25.47.

The Chinese company specializes in the production and sales of beauty products in China and through online platforms. Apart from cosmetics, the company also produces make-up accessories. After being founded in 2016, under the name Mangrove Bay Ecommerce Holding, the company changed its name in 2019.

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