|Bid||0.0000 x 1100|
|Ask||0.0000 x 4000|
|Day's Range||4.0610 - 4.2400|
|52 Week Range||3.4700 - 18.0000|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The race to give Chinese users their daily dose of news intensifies asQutoutiao, a rival to TikTok parent ByteDance, net an installment of sizablebacking
The dot.com giant's investment in the mobile content aggregator provides capital to Qutoutiao, but it also brings exposure and validation to the platform.
Chinese startup ByteDance is finding itself surrounded by challengers as itsempire of new media products, including global video app TikTok and Chinesenews aggregator Jinri Toutiao, gather steam
Recent China IPOs Nio and Qutoutiao dived late on earnings reports. Ross Stores, SailPoint Technologies and Horizon Pharma moved on news too.
For the first time this year the bears have a little downside momentum going. The S&P 500 is looking at its longest losing streak since the bottom on December 24 and there isn't any obvious support level nearby. With a negative close today this will be the first 3-day losing streak of the year.