Can Momo Stock Bounce Back After Last Week's 30% Drop?
It was a rough week for Momo (NASDAQ: MOMO) investors. Shares of the company behind the fast-growing social entertainment platform plummeted 29.8%, making it the third biggest loser among Nasdaq-listed stocks.
Momo posted monster growth in its third quarter, but its guidance left plenty to be desired. A few analysts rushed to the falling stock's defense, but at least one Wall Street pro responded to the problematic outlook by slashing his price target on the shares. Momo has now fallen the day after posting quarterly results in four of the past five quarters, with double-digit percentage slides in back-to-back periods.
Source: Fool.com
Hello Group Inc. ADR Stock
€5.75
-3.480%
Our community is currently high on Hello Group Inc. ADR with 5 Buy predictions and 0 Sell predictions.
Based on the current price of 5.75 € the target price of 20 € shows a potential of 247.83% for Hello Group Inc. ADR which would more than double the current price.
