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iQIYI, Inc. (IQ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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8.62-0.31 (-3.47%)
At close: 4:00PM EDT
8.73 +0.11 (+1.28%)
After hours: 07:48PM EDT
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  • $
    $150 in 1 Years 1 Month
    IQ was unable to string together consecutive positive weeks finishing down 0.17 this week to close at $8.62 which is less than half of its March 2018 IPO about a quarter of its 2021 high and less than twenty percent of its all-time high. Even worse is this dismal performance occurred during a record bull market. $8 says a lot about what seasoned investors think of its potential as IQ has been punished much worse than other Chinese stocks this year. Those that still want to invest on a Chinese recovery have better options than IQ which has company-unique issues such as a broken business model that has kicked profitability out five years is burning cash and has a lack of catalysts. Can't think of any IQ unique positives that would drive a better than average China-based stock recovery if that ever occurs.
  • C
    Coolmask
    Netflix of China !! remember Amazon dropped over 90% from $106 to $6 in 2000.

    Wait until Fake Netflix of China drop to $2
    Bearish
  • J
    Jamie
    Anyone opening a new position here deserves what's coming to him... it's a wealth-shredder.
    I call it a day and rather have a ☕.
    My LKNCY shares need my attention (up 12@)😁
  • A
    Adunbi
    Back in this stock in a big way after loosing Significant cheddar the last time around. 32,500 shares average under $9 per share. This has got to be worth at least it’s ipo price. CEO is right……given the current low subscriber growth and low subscription fees this will take 5 years to break even i.e be profitable. However, I don’t think his projection includes the growth outside of China where iqiyi expansion is just beginning and the fees are significantly higher than inside China. Time will tell. Will not sell this time around for the next 3-5 years. No margin. My own cash. Hope I am right.
  • P
    Paul is an AH ©
    Rocky - you should join the lawsuit since you've been buying - LOL
    LOS ANGELES, CA / ACCESSWIRE / October 14, 2021 /The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of iQIYI, Inc. ("iQIYI" or "the Company") (NASDAQ:IQ) for violations of the securities laws. Investors who purchased the Company's securities between March 22, 2021 and April 6, 2021 are encouraged to contact the firm
  • G
    Goolie
    bought 21000 shares, like the potential for China to surprise everyone.
  • J
    Jamie
    (Bloomberg) -- U.S.-traded Chinese streaming video site iQiyi Inc. has picked banks for its Hong Kong second listing, according to people familiar with the matter.

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    The Netflix-style service is working with advisers including Bank of America Corp., CLSA Ltd. and Goldman Sachs Group Inc. on the share sale, the people said, asking not to be identified as the matter is private. The listing could take place as soon as the end of this year, they said.

    iQiyi, a subsidiary of Internet search giant Baidu Inc., could raise at least $500 million in the share sale, the people said.

    Deliberations are ongoing and the company could decide to delay or scrap its listing plan, the people said. Other banks could be added to the lineup, they said.

    Representatives for Bank of America, CLSA and Goldman Sachs declined to comment. Representatives for Baidu and iQiyi couldn’t immediately respond to requests for comment made during a holiday in China.

    The potential listing comes as Chinese firms with listings on U.S. exchanges have suffered sharp declines from an ongoing crackdown by regulators, wiping billions of dollars off the market value of technology firms in particular. iQiyi was ordered in May by the Beijing Municipal Radio and Television Bureau to suspend taping of a hit youth-oriented show for unspecified problems, according to a WeChat statement.

    Read More: Why China Is Cracking Down on Its Technology Giants: QuickTake

    iQiyi’s library includes its own original movies and TV shows as well as licensed and user-generated content. The company raised about $2.4 billion in a New York initial public offering in 2018. The service led rivals Tencent Holdings Ltd. and Alibaba Group Holding Ltd.’s Youku with 579.1 million monthly active users in June, according to data compiled by Bloomberg Intelligence.

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  • P
    Paul is an AH ©
    Posted by Rocky last summer "$50 by EOY . Patience is key to HUGE profit." - LOL
  • M
    MrBarbeque
    IQ doesn’t hold its gains. One more day of this and you can kiss those recent gains goodbye. Get out while you can, don’t be stuck like me
  • P
    Paul is an AH ©
    Rocks for Brains posts another "kick me" sign - bought more IQ today instead of two weeks ago at $7 - LOL
  • P
    Paul is an AH ©
    4 months ago from Rocky when IQ was at $16 - "Back to $20 shortly. Cover !"
  • R
    ROCKY Long and Strong
    Added more. I'll be in good shape. buy when it's low and sell when it's high !!
    Bullish
  • P
    Paul
    BEIJING, Oct. 12, 2021, IQ an innovative market-leading online entertainment service in China, announced today that its original drama The Long Night beat various acclaimed works to 2021's ACA prize for the 'Best OTT Original' at the 3rd Asia Contents Awards (ACA) of the Busan International Film Festival ("BIFF") held in Busan, South Korea, on October 7, 2021. This marks the second consecutive year of iQIYI winning the award, followed by its original suspense series The Bad Kids' win at the 2nd Asia Contents Awards last year.

    The news follows the recent announcement the 'Light On' series' return after one year, and the introduction of 4 new 'Light On' series - The Pavilion, Who is The Murderer, Gold Panning, and Wisher - for viewers around the world.

    Dai Ying, iQIYI Senior Vice President and Chief Producer of the 'Light On' series said, "I would like to thank the ACA for its affirmation and encouragement towards iQIYI's original content. I would also like to thank our excellent production team. The worldwide recognition that The Long Night has received is a testament of the incredible support we have from audiences around the world. As the 'Light On' series returns with four new suspense series, we'd like to invite everyone to enjoy the return of the series with us."

    Presented by BIFF in 2019, the Asia Contents Awards celebrated its 3rd edition in 2021 to recognize outstanding content in the Asian film and TV industry. At last year's ACA, iQIYI's Original 'Light On' series The Bad Kids won the 'Best Creative' award, representing a new milestone for Chinese content going global. This year, another iQIYI 'Light On' series, The Long Night, won the 'Best OTT Original' honor. The series was also nominated for 'Best Creative', 'Best OTT Original series', 'Creative Beyond Border', 'Best Writer' (Liu Guoqing), and 'Best Actor' (Bai Yu) categories, which marks an international recognition for iQIYI's original productions. In addition, Song Jia won the 'Best Actress' prize for her performance in A Love for Dilemma, a family-focused series co-produced by iQIYI. Her natural but engaging acting style created a convincing character and made a lasting impression on the viewers.

    iQIYI's 'Light On' series, a major installment in iQIYI's endeavors in the suspense genre, bought the industry and public many surprises in 2020 and has become a significant feat in the development of Chinese entertainment through its global distribution achievements. As the last suspense drama of iQIYI's 'Light On' series in 2020, The Long Night became the top-rated series produced in China of the year for its dedication to high-quality production and the value it places on justice. Till now, the series has been successfully distributed in overseas markets including Japan, South Korea, Singapore, and Australia, and was widely praised by international viewers and media.
  • J
    Jerry
    I wonder where all those bashers are now that this stock might get a 4th up day in a row. Might be over due for a losing day but that should be expected soon.
  • $
    $150 in 1 Years 1 Month
    It what has become its normal pattern IQ IQ finished the week down another $0.16 to close at $7.79 establishing a new end of the week all time low. Chinese stocks continue to be beaten up and those that still want to invest on a Chinese recovery have many better options than IQ which has company-unique issues such as a broken business model that has kicked profitability out five years and a lack of catalysts. Tough to see IQ breaking out its dismal pattern any time soon. Tough to believe IQ was trading at $28 earlier this year and is now over $10 lower than its IPO price.
  • R
    ROCKY Long and Strong
    Congrats to all Longs. 5th day of gains. It is still not too late to buy more shares at the SALE price
    Bullish
  • M
    MrBarbeque
    In addition to iq shares falling so is IQ web ranking in traffic. They are #65 in web traffic. They losing viewers and subscribers?
  • W
    Will
    If China continues to send planes into Taiwan you might have to look up to see Chinese stocks at $1.50
  • P
    Paul
    BEIJING, Oct. 8, 2021 iQIYI, Inc., an innovative market-leading online entertainment service in China, announced today that Gong Yu, Founder and CEO of iQIYI, participated in the China Film Development Forum of the 11(th) Beijing International Film Festival (BJIFF). At the forum, Gong shared his insights into the changes that the Internet has brought to the production, distribution, and business models of films and TV in China, highlighting the value of the technology-driven industrialization.

    According to Gong, the Premium Video on Demand (PVOD) and the Subscription Video on Demand (SVOD) models of online film distribution will spur two distinct film markets that cater specifically to each model. Meanwhile, technological innovation remains crucial to the industrialization of film and television because it reduces costs and enhances the audiovisual experience, thereby improving the investment returns and the probability of success.

    SVOD and PVOD to form different markets

    In the past year, iQIYI has distributed more than a dozen films through the PVOD model, providing users with flexibility while also furthering the development of the model itself. In mid-May of this year, iQIYI unveiled the Cloud Cinema, an online film transaction platform that leverages the Company's extensive partnerships within the film industry and helps create a viable 2C business model for content creators.

    As the PVOD model matures, Gong believes that future online distribution of films will be split into two phases. The first phase will see the audience choosing to watch films under the PVOD model. In this phase, the business model of streaming platforms will be the same to that of the cinema's, with streamers and producers sharing the revenue based on actual online box office takings. In the second phase, which corresponds to the SVOD model, streaming platforms will either strike a flat fee or buy-out deal with producers at a fixed price or strike a so-called guarantee deal where producers receive a minimum guarantee payment with backend bonuses or a share of box office if the film's box office performance exceeded the base-case scenario. Gong believes that different films will emerge to cater to the two business models, and the variety will be a boon to the film industry. Regardless of the model, Gong reiterated the need for producers to fulfil the basic requirements of advancing technological innovation and ensuring copyright protection throughout the development process.

    Technology-driven industrialization of film and television production is rewriting industry rules
  • S
    Steven
    Not looking good.

    Someone said they bought 21000 shares?

    Yeah in fake money?

    Many cheerleader pumpers on this board.
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