Qutoutiao’s Reverse Share Split Spooks Wall Street
News aggregator’s stock falls 35% in three days after it announces 10-for-1 reverse share split to return its price back above the required $1 threshold Key takeaways: Money-losing Qutoutiao has…
Is Qutoutiao Yesterday’s News? Ask Founder Eric Tan
Investors flee the No. 2 news aggregator after its latest earnings show it shifting focus to cost control over money-losing growth By Doug Young The latest financials are out from…