Downward Pressure on GSX Techedu Stock Picked Up Steam on Friday
Shares of Chinese online-education company GSX Techedu (NYSE: GSX) are like a snowball rolling downhill. As of 1:30 p.m. EDT on Friday, the stock was down 13%. And it's now fallen about 40% from highs reached earlier this month.
Nothing really happened on Friday to explain the drop. But if you consider GSX Techedu's journey so far this year, it's not terribly surprising to see the stock fall.
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Source Fool.com
