CHA is trading at $11.49 (4.4%) up today amid generally positive sentiment toward Chinese ADRs, as the stock attempts to recover from recent price volatility.
- Shares experienced a sharp decline on July 2 but have since seen a partial recovery, despite a lack of fresh company-specific catalysts reported this morning.
- Investor confidence continues to be supported by a $150 million share buyback plan and positive revenue growth projections.