Comment on Why the Bears Are Wrong About iQiyi Stock

Why the Bears Are Wrong About iQiyi Stock

iQiyi (NASDAQ: IQ) has proven to be an exciting and somewhat controversial stock since since being spun off from Baidu (NASDAQ: BIDU) at the end of March. The video-streaming company's share price dipped out of the gate, but it quickly recovered -- climbing from an IPO priced at $18 per share to as high as $46 in June.

 

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