17 Education Becomes Latest China Stock to Soar as Investors Sniff for Bargains
The education services provider’s shares have jumped 70% in the last five trading days on heavy volume as many issues that dogged the company appear to be settledKey Takeaways:17 Education…
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…
‘Fun’ Drops Out of No. 2 News Aggregator Qutoutiao
Company, whose name means ‘fun headlines,’ discloses it may be unable to repay a $171 million loan coming due early next year Key Takeaways: Controlling cashflow will be crucial for…
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…
