|Bid||8.47 x 800|
|Ask||8.49 x 1200|
|Day's Range||8.03 - 8.80|
|52 Week Range||4.00 - 20.39|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.50|
Shares of Chinese internet stocks are trading higher in Tuesday's session, after the Chinese government said it would cut taxes and ramp up infrastructure investments in an effort to stimulate the economy. Shares of Qutoutiao Inc. , a Chinese viral-content site, are up more than 5% in morning trading, and shares of Bilibili Inc. , which runs a video-sharing platform, are up 3.2%. Baidu Inc. shares are also heading higher, up nearly 3%. Alibaba Group Holding Ltd. shares are up 1.8% in Tuesday trading, a day after the company's president, Michael Evans, said at a retail conference that he thinks the future of China "looks very good, notwithstanding some troubling headwinds." The KraneShares China Internet ETF is also up 1.8% Tuesday. The ETF has dropped 7.8% over the the past three months, as the S&P 500 has fallen 5.5%.
Dow Jones Industrial Average gained 1.09 percent to settle at 23,787.45, while S&P 500 increased 0.97 percent to close at 2,574.41. Nasdaq jumped 1.08 percent to close at 6,897.00. The stock recorded a trading volume of 3,229,183 shares, which was above its three months average volume of 666,803 shares.
Qutoutiao Inc. (NASDAQ:QTT) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case Read More...
BEIJING/SHANGHAI, Dec 4 (Reuters) - Cai Li, a janitor in Shanghai, developed a serious addiction to news app Qutoutiao, lured by gossipy articles about celebrities and the cash she gets from reading them. Digital gold coins are earned by playing games that involve reading stories or by convincing others to join up. The payments are an extreme example of financial incentives from discounts to coupons employed by a new generation of Chinese internet firms as they seek to establish themselves in a market dominated by much bigger players.
BEIJING/SHANGHAI, Dec 4 (Reuters) - Cai Li, a janitor in Shanghai, developed a serious addiction to news app Qutoutiao, lured by gossipy articles about celebrities and the cash she gets from reading them. Qutoutiao had 49 million monthly active users as of July.
SHANGHAI, China, Nov. 12, 2018 -- Qutoutiao Inc. (“Qutoutiao”, the “Company” or “We”) (NASDAQ: QTT), an innovative and fast growing mobile content platform in China, today.
Earnings Call Scheduled for 8:00 a.m. ET on November 12, 2018 SHANGHAI, Nov. 01, 2018 -- Qutoutiao Inc. (“Qutoutiao” or the “Company”) (NASDAQ: QTT), a leading mobile content.
China-based Qutoutiao Inc (NASDAQ: QTT) is a mobile content aggregator with a stock that began trading for the first time on an American exchange in late September. The bullish case for Qutoutiao's stock is fourfold, Chung said in the initiation note. The platform offers users rewards that grow with engagement and can be converted to RMBs, Chung said.
NEW YORK, NY / ACCESSWIRE / October 8, 2018 / U.S. equities plunged on Friday as concerns over rising interest rates countered upbeat economic data. U.S. unemployment rate dropped to 3.7 percent, its lowest ...
NEW YORK, NY / ACCESSWIRE / September 17, 2018 / QUTOUTIAO soared on its first day of trading this past Friday. The Tencent backed company more than doubled after pricing its shares below range in a downsized ...
Jingbo Wang, Qutoutiao Inc. chief financial officer, discusses the news and video aggregator's IPO with Bloomberg's Alex Barinka on "Bloomberg Technology." (Source: Bloomberg)