Deals
NetEase Jumps to Record After ‘WarCraft’ License Renewed
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NetEase.com Inc., operator of the second-largest online games website in China, jumped to a record after renewing a license to offer Blizzard Entertainment Inc.’s ‘World of WarCraft’ online game in the nation.
American depositary receipts of NetEase climbed 2.3 percent to $57.60 by 11:06 a.m. in New York, set for the highest-ever closing price. The ADRs earlier advanced as much as 4 percent to $58.57, the biggest intraday gain since Feb. 28.