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Analysts Stay Bullish On iQiyi After Q3 Print, But Investors Unhappy With Lower Ad Revenue
Wednesday, October 31, 2018 - 11:14am | 566Chinese online video platform IQIYI Inc (NASDAQ: IQ), also known as the Netflix, Inc. (NASDAQ: NFLX) of China, reported Tuesday after the close with roughly in-line Q3 results. Investors did not take kindly to the fact that the company faced pressure on its ad revenue. The Analysts...
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Investors Bullish On Jumei International IPO
Friday, May 16, 2014 - 5:43pm | 181On Friday, the IPO for Jumei International (NYSE: JMEI) was released to a bullish open with some profit taking coming soon after. The company priced shares at $22, an amount slightly higher than the original $19.50-$21.50 anticipated by Jumei. The stock ended up opening at $27.25, with 9.5...