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Stock impact report

Why iQiyi, Inc. Stock Popped on Thursday [The Motley Fool]

iQIYI, Inc. - American Depositary Shares (IQ) 
Last iqiyi, inc. - american depositary shares earnings: 2/27 04:30 pm Check Earnings Report
Company Research Source: The Motley Fool
The Netflix of China rebounded as trade concerns fell by the wayside. Steve Symington ( TMFSymington ) Jul 12, 2018 at 6:20PM What happened iQiyi Inc.  ( NASDAQ:IQ )  stock jumped 10.8% on Thursday as the broader market shrugged off concerns of a brewing trade war with China. There was no company-specific news today that might otherwise merit its increase. So what The so-called Netflix of China has a history of significant moves -- both up and down -- without substantial news to back them. iQiyi is also still subject to plenty of post-IPO volatility since spinning off from former parent Baidu earlier this year. And after enjoying a meteoric rise shortly thereafter -- nearly tripling between early May and late June -- as of yesterday's close, iQiyi stock had tempered its gains to trade more than 30% below its recent highs. IMAGE SOURCE: G Show less Read more
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