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Why Qutoutiao Stock Dipped Today

TheMotleyFool

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Shares of Qutoutiao (NASDAQ: QTT), the Chinese content aggregator, were sliding after the company issued a disappointing third-quarter earnings report today. The company has been struggling to recover after the state-owned China Central Television (CCTV) network accused Qutoutiao of selling suspicious ads with false information at a high-profile consumer rights show back in July.

Today, the stock finished the session down 10.4%

Image source: Getty Images.

Source Fool.com

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