Momo Has a Lot to Prove on Tuesday
One of this year's hottest stocks will need to justify its heady gains next week. Momo (NASDAQ: MOMO) -- the operator of a popular live video broadcasting platform in China -- reports fresh financials next week. The stock has soared 139% so far in 2017, and naturally expectations will be high heading into its second-quarter report on Tuesday morning.
Growth should continue to be explosive for the dot-com darling. Analysts see revenue soaring 189% to hit $286.3 million for the quarter. Wall Street pros also see earnings nearly tripling to $0.31 a share.
Source: Fool.com