Cheetah Mobile soars above $19

• Volatile Cheetah Mobile (CMCM +12.4%) has taken off today on volume (1.42M shares) that's over 2x a 3-month daily average of 683K.
• Shares are now back above where they traded before the Chinese app developer beat Q4 estimates and provided strong guidance on March 20. They trade for 4.6x 2015E sales; the 2015 revenue growth consensus is at 94.6%.