$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 (2016-08-17), losing -7.3%. The number of shares
that changed hands was 2,195,488, or about 2 times the average daily volume
in the stock.
The closing price was $11.69, amounting to a market cap of $1,630,000,000,
about -47.53% off the highest price in the last 12 months. The stock has
been trading at a range between $8.77 and $22.28.
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 68.36 times earnings.