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Why GreenTree Hospitality Stock Tanked 16% on Thursday

·2 min read
Why GreenTree Hospitality Stock Tanked 16% on Thursday
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Shares of GreenTree Hospitality Group (NYSE: GHG) were down as much as 16% during Thursday trading. The Chinese hotel operator reported its earnings after the close yesterday, posting a disappointing earnings per share (EPS) number. On Jan. 12, GreenTree Hospitality released its earnings for the third quarter of 2021.