3 Reasons Why I Bought Bitauto Stock Last Month [The Motley Fool]
BITAUTO HOLDINGS (BITA)
Last bitauto holdings earnings: 3/26 06:00 am
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Source: The Motley Fool
China's leading provider of online auto marketing services is hitting new 52-week lows, and that sounds like a dinner bell. Rick Munarriz ( TMFBreakerRick ) Apr 8, 2018 at 1:00PM It's been nearly a month since Bitauto ( NYSE:BITA ) tumbled after posting mixed quarterly results , and two weeks ago, I decided to buy into the online provider of content, marketing, and financing services for the automotive industry. I didn't nail the bottom. The stock went on to hit new 52-week lows on Wednesday. The fast-growing Chinese internet platform operator became a market darling a few years ago, attracting the attention and pocketbooks of some of China's largest dot-com darlings. The country's leading search engine Baidu (NASDAQ: BIDU) , internet messaging giant Tencent ( NASDAQOTH:TCEHY ) , and online retailer JD.com ( NASDAQ:JD ) became
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