JUMP REPORT
IQIYI (IQ)
EARNINGS RELEASE - AUGUST 13 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.49/share REV: 1,050/M
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LAST QTR: EPS: -.55/share ACTUAL: -.56/share (MISS)
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NEXT QTR: EPS: -.52/share REV: 1,070/M
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FULL YR: EPS: -1.86/share REV: 4,470/M
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BEAT/MISS RECORD: 0% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -9.65, -1.93, 17.29
EXPECTED JUMP MOVE THIS QUARTER: 10+%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
iQIYI, Inc. ( NASDAQ:IQ ) is possibly approaching a major achievement in its business, so we would like to shine some…
Netflix (NASDAQ: NFLX) and iQiyi (NASDAQ: IQ) are two of the world’s largest streaming video platforms. Netflix ended its latest quarter with 231 million paid subscribers, but it’s never launched its app in China.
Week to date, shares of iQiyi (NASDAQ: IQ) were down 14% as of 12:21 p.m. on Friday, according to data provided by S&P Global Market Intelligence. On Jan. 17, iQiyi announced an offering of 76.5 million American depositary shares, representing about 10% of its market capitalization (total shares outstanding times the share price). While Yu believes the long-term outlook is still uncertain, iQiyi is showing considerable progress in its turnaround effort.
iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced the closing of the previously disclosed underwritten public offering (the “Offering”) of 76,500,000 American Depositary Shares of the Company (the “ADSs”), at a public offering price of US$5.90 per ADS. The Company had granted the underwriters a 30-day option to purchase up to an aggregate of 11,475,000 additional ADSs. The net proceeds of the Offering (after d
Shares of iQiyi Inc. (IQ) plunged 17.2% in afternoon trading Tuesday, putting them on track for the biggest one-day drop in 10 months, after the China-based streaming-video company took advantage of a recent surge in prices to announce a large stock offering. The company said before the open that an offering of 76.5 million American depositary shares (ADS) priced at $5.90 per ADS, for net proceeds of $442.3 million.
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Avg Daily Volume: 9,142,179 Market Cap: 16.79B
Sector: Consumer Services Short Interest: None
Ticker delayed 20 minutes
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by Team Stockjumpers