Why Sogou Inc. Shares Fell 19% Last Month

Shares of Sogou (NYSE: SOGO) plunged 19.4% lower in July of 2018, according to data from S&P Global Market Intelligence. The Chinese online search specialist was doing alright until the very end of the month, where a mixed earnings report sent share prices tumbling.In a second-quarter report that CEO Xiaochuan Wang characterized as "solid," Sogou beat Wall Street's bottom-line targets but fell short of analysts' revenue estimates.

Topics:  sogou nyse   sogo    july   s&p global market   intelligence   chinese   ceo xiaochuan wang   solid sogou   wall street   american   images   shares   fell   month   earnings   revenue   rose   year   report   
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