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Youku.com (YOKU +3.4%) and merger partner Tudou (TUDO +4.1%) are rallying after Youku receives...
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Friday, July 13, 2012, 10:16 AM ETYouku.com (YOKU +3.4%) and merger partner Tudou (TUDO +4.1%) are rallying after Youku receives positive comments from JPMorgan and OTR Global. JPM, which launched coverage on Monday, says the recent weakness in Youku shares, caused by the resignation of Tudou's COO, is overblown. OTR argues online video ad spending remains healthy.
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