The Traderszone Network

Published in TZ Latest News 10 October, 2017 by The TZ Newswire Staff

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 fromĀ 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.

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