Wednesday, May 25, 2016

$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 (2016-05-25), losing -7.05%. The number of shares that changed hands
was 1,418,420, or about 1 times the average daily volume in the stock.
The closing price was $11.99, amounting to a market cap of $2,130,000,000,
about -39.72% off the highest price in the last 12 months. The stock has
been trading at a range between $6.72 and $19.89.
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 199.83 times earnings.

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