Why Zhihu Stock Was Falling Today
Shares of Zhihu (NYSE: ZH), a Chinese question-and-answer website similar to Quora, were falling today after the company announced plans for a secondary offering that included a listing in Hong Kong. A broader sell-off of stocks and the ongoing lockdown in Shanghai may have also weighed on Zhihu today.
As of 11:46 a.m. ET, the Chinese tech stock was down 13.5%.
Image source: Getty Images.
Source Fool.com
