|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||126.77 - 130.82|
|52 Week Range||46.05 - 130.89|
|PE Ratio (TTM)||110.88|
|Earnings Date||Feb 20, 2018 - Feb 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.47|
Here’s the thing about Momo Inc (ADR) (NASDAQ:MOMO): it’s just like all those red-hot Chinese internet stocks, but MOMO stock is much, much cheaper. Everyone is raving about the China internet and retail growth narratives. It seems the majority of China is urbanizing and digitizing.
Weibo, Atlassian, Match Group and Align Technology, which all have strong RS lines, hit buy points Tuesday, but only Weibo is still in range.
A strong open for the stock market Tuesday saw the Dow Jones industrial average cross the 26,000 level early, but gains faded badly by the close.
Major stock indexes turned negative in late-afternoon trading Tuesday, not a surprise given the ebullient gains during the first two weeks of trading in 2018.
NEW YORK, NY / ACCESSWIRE / January 15, 2018 / U.S. markets closed at record highs Friday, posting weekly gains, on investor optimism over the current earnings season. The Dow Jones Industrial Average ...
Until August, Momo Inc (ADR) (NASDAQ:MOMO) was part of a group of Chinese online companies that could seem to do no wrong. There were two earnings reports that showed a steep deceleration in the growth ramp. As a result, Momo stock went from $46 to $27.
The December 29 short interest data have been compared with the previous report. Short interest in these selected social media stocks was mixed for this settlement date.
There is an old Wall Street adage that the first trading day of the year foreshadows the first trading month and the first trading month foreshadows the year. If there is any truth to that nugget, the FANG stocks — Facebook Inc (NASDAQ:FB) stock, Amazon.com, Inc. (NASDAQ:AMZN) stock, Netflix, Inc. (NASDAQ:NFLX) stock and Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) stock – look likely to be left in the dust by other tech stocks this year.Source: ©iStock.com/LincolnRogers
China shut as many as 128,000 websites that contained obscene and other "harmful" information in 2017, the official Xinhua news agency reported late on Monday, citing government data. Xinhua said 30.9 million illegal publications were confiscated over the course of 2017, while 1,900 people were subject to criminal penalties, according to figures from the national office in charge of combating pornography and illegal publications. China has been tightening controls over internet content as part of efforts to maintain "social stability", taking on "vulgar" and pornographic content as well as the unauthorised dissemination of news.
Alibaba Group Holding Ltd (NYSE:BABA) suffered a major setback in its efforts to make a play for the US market. The company’s payments business, called Ant Financial Services Group (which is privately held), was blocked from acquiring Moneygram International Inc (NASDAQ:MGI). What’s more, there continues to be a hardline approach to China.
While looking at stock charts, don't forget the fundamentals. Facebook, Adobe and PayPal are among top-rated stocks with rising profit estimates near buy points.
Acquisition will allow expanded menu of services, capabilities, and geographic reach CUSHING, Okla. , Jan. 4, 2018 /PRNewswire/ -- ATS Group LLC (ATS) announce today the strategic acquisition of Willbros ...
Weibo has become the Twitter of China while YY provides a popular video streaming platform for mobile users.
The surge in Weibo Corp (ADR) (NASDAQ:WB) stock has paused. Despite strong growth numbers, WB stock fell back when the price reached overbought territory on the RSI indicator. Given the high growth of WB stock, the lower price creates a lucrative buying opportunity to profit from what many regard as the Facebook and Twitter of China.
Regulators in China revealed that these two Western tech giants would be welcomed with open arms -- for a price.
Tencent Holdings' WeChat, China's most popular messenger app, on Tuesday denied storing users' chat histories, after a top businessman was quoted in media reports as saying he believed Tencent was monitoring everyone's account. "WeChat does not store any users' chat history.
Chinese internet entrepreneur Jia Yueting has defied orders from regulators to return home and help a listed technology company he founded resolve crushing debt, saying he needed to stay in the U.S. to ...