The Law Offices of Frank R. Cruz Announces Investigation on Behalf of iQIYI Inc. Investors (IQ)
iQIYI, Inc. - American Depositary Shares (IQ)
Last iqiyi, inc. - american depositary shares earnings: 2/27 04:30 pm
Check Earnings Report
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation on behalf of iQIYI Inc. ("iQIYI" or the Company") (NASDAQ: IQ) investors concerning the Company and its officers’ possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.On March 29, 2018, iQIYI conducted its initial public offering (“IPO”), issuing 125,000,000 American Depositary Shares (“ADSs”) priced at $18.00 per share.Then, on April 7, 2020, Wolfpack Research (“Wolfpack"), a global financial research and due diligence firm, published a report alleging that the Company “was committing fraud well before its IPO in 2018 and has continued to do so ever since.” Wolfpack estimates that the Company inflated its 2019 revenue by approximately RMB 8 billion to RMB 13 billion, or 27% to 44%, by overstating its user numbers by approximately 42% to 60%.On this news, the Company’s share price fell $0.79, or over 4%, to close at $16.51 per
Show less
Read more
Impact Snapshot
Event Time:
IQ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IQ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IQ alerts
High impacting iQIYI, Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
IQ
News
- iQIYI Announces Change in Executive LeadershipGlobeNewswire
- From Experiment to Community: iQIYI's Two AI Initiatives Spotlight the Human Core of CreationPR Newswire
- From Experiment to Community: iQIYI's Two AI Initiatives Spotlight the Human Core of CreationPR Newswire
- iQIYI LAND Yangzhou to Open on February 8, Marking New Chapter in China's Immersive Entertainment ScenePR Newswire
- iQIYI LAND Yangzhou to Open on February 8, Marking New Chapter in China's Immersive Entertainment ScenePR Newswire
IQ
Earnings
- 11/18/25 - Miss
IQ
Sec Filings
- 12/5/25 - Form SCHEDULE
- 12/3/25 - Form 6-K
- 11/18/25 - Form 6-K
- IQ's page on the SEC website