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Tuesday, August 16, 2016

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

Cheetah Mobile Inc. American De (symbol: CMCM) was one of the worst losers
of the trading day today (2016-08-16), losing -7.01%. The number of shares
that changed hands was 1,503,024, or about 2 times the average daily volume
in the stock.
The closing price was $12.61, amounting to a market cap of $1,760,000,000,
about -49.28% off the highest price in the last 12 months. The stock has
been trading at a range between $8.77 and $24.86.
CMCM 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 73.74 times earnings.

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