$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 (2016-09-09), losing -11.48%. The number of shares that changed hands
was 6,612,375, or about 3 times the average daily volume in the stock.
The closing price was $21.66, amounting to a market cap of $4,100,000,000,
about -15.46% off the highest price in the last 12 months. The stock has
been trading at a range between $6.72 and $25.62.
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 154.71 times earnings.