10 Stocks Drop The Most Amid Investor Caution

3. Bilibili Inc. (NASDAQ:BILI)

Bilibili saw its share prices decline by 10.04 percent on Monday to finish at $20.53 apiece as investor sentiment was dampened by concerns on whether or not the company could find a new online game that could mirror or exceed the success of “Three Kingdoms: Strategy Time.”

According to an analyst from Nomura, the game has the potential to remain popular over the long term but it could lead to a slow growth in the second quarter.

Last week, BILI said it swung to a net income attributable to shareholders of RMB89.96 million in the last quarter, from a RMB1.296 billion net loss in the same period a year earlier, as revenues grew 21.8 percent to RMB7.7 billion from RMB6.3 billion in the same comparable period.

For full year 2024, net loss attributable to shareholders shrunk by 72 percent to RMB1.346 billion from RMB4.822 billion in 2023, while revenues jumped by 19 percent to RMB26.831 billion from RMB22.527 billion year-on-year.