Why Ideanomics, Inc. Stock Fell 16.6% in October [The Motley Fool]
SEVEN STARS CLOUD GROUP (SSC)
US:NYSE Investor Relations:
sevenstarscloud.com
Company Research
Source: The Motley Fool
The company formerly known as Seven Stars Cloud trades down roughly 35% year to date. Keith Noonan ( TMFNoons ) Nov 12, 2018 at 8:43PM What happened Shares of Ideanomics, Inc. ( NASDAQ:SSC ) dipped 16.6% in October, according to data provided by S&P Global Market Intelligence . The fintech and blockchain services company saw its stock sell off along with the broader market in a month that delivered the biggest percentage-based declines for major U.S. indexes since February 2009. ^SPX data by YCharts Ideanomics is a small-cap Chinese company with a valuation of roughly $215 million as of this writing. It also has an unpredictable sales and earnings outlook. There does not appear to have been any business-specific news behind the stock decline last month, but those characteristics make shares prone to underperforming the broader market
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