The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

Hot Stocks: Chinese internet stocks rise; ACCD drops 50%; VRSN sets low; ZYME jumps on takeover bid

April 30, 2022
Source: seekingalpha.com seekingalpha.com
News Snapshot:
Hot Stocks: Chinese internet stocks rise; ACCD drops 50%; VRSN sets low; ZYME jumps on takeover bid Stocks plunged on Friday, hurt by a negative reaction to the latest round of tech earnings, with Amazon posting its biggest single-day loss in more than 15 years. The Nasdaq led the decline, falling 4.2% and recording its worst monthly performance since the Financial Crisis. Even amid a wash of red for the overall markets, Accolade ( ACCD ) represented a standout decliner. The stock lost about half its value on earnings news. A disappointing quarterly report also sparked selling in VeriSign (NASDAQ:...
Go To Original Source →
Tags: Alibaba | Amazon | Baidu | Beijing | bid | BIDU | Bilibili | China | Chinese | Covid-19 | Dubai | Economy | finance | financial crisis | Internet | investment | online shopping | Pandemic | Pinduoduo | revenue | search engine | stock market | stocks | technology | War

Other Related News:

Original letter from Columbus announcing ‘discovery’ of America goes on sale for first time

September 30, 2023

‘Triangle of death’: Doctor warns against popping pimples

September 30, 2023

Yashasvi Jaiswal Fans Hilariously Thirst Over His 'Thighs' After His Awkward Pose Goes Viral

September 30, 2023

As Ukraine effectively targets Russia's Black Sea Fleet is bigger still better in the military?

September 30, 2023

How would a government shutdown affect US foreign policy?

September 30, 2023

Voice to Parliament referendum 'prime target' for foreign interference on Elon Musk's X, former executive warns

September 30, 2023

US-Saudi defence pact tied to Israel deal, Palestinian demands put aside

September 30, 2023

I've spent 15 years getting to grips with my looks so there's Strictly tradition I refuse to follow, says Angela Scanlon

September 30, 2023

AI revolution in gaming paves terrifying path to sport’s total digital dissolve

September 30, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter