Why Momo, Inc. Stock Fell 18.7% in September
Momo Inc. (NASDAQ: MOMO) stock lost 18.7% of its value in September, according to data from S&P Global Market Intelligence. The Chinese social media company's seemingly impressive earnings release in August was followed by sell-offs that carried through to September as investors weighed slowing growth against the stock's premium valuation.
The chart below tracks Momo stock's performance over the last three months.
Image source: Yahoo Finance.
Source: Fool.com
Hello Group Inc. ADR Stock
€5.60
0.000%
Currently there is a rather positive sentiment for Hello Group Inc. ADR with 5 Buy predictions and 1 Sell predictions.
With a target price of 20 € there is potential for a 257.14% increase which would mean more than doubling the current price of 5.6 € for Hello Group Inc. ADR.
