$MOMO is one of biggest losers #stocks today. read more:

Momo Inc. (symbol: MOMO) was one of the worst losers of the trading day
today (2016-06-16), losing -7.53%. The number of shares that changed hands
was 1,124,320, or about 1 times the average daily volume in the stock.
The closing price was $11.17, amounting to a market cap of $1,980,000,000,
about -37.25% off the highest price in the last 12 months. The stock has
been trading at a range between $6.72 and $17.8.
MOMO is in the Computer Software: Prepackaged Software industry, part of
the Technology sector. It first went public in 2014.
Looking at its valuation, the stock is now trading at 186.17 times earnings.