Markets
YY

Youku Tudou (YOKU) in Focus: Stock Tumbles 9.3% - Tale of the Tape

Youku Tudou Inc. ( YOKU ) saw a big move last session, as the company's shares fell by over 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for YOKU, as the stock is now down nearly 14% since Aug 14.

The Internet television company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

YOKU currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks in the same sector include Perfect World Co., Ltd. ( PWRD ), YY Inc. ( YY ) and Dice Holdings, Inc. ( DHX ). While Perfect World Co, YY Inc sport a Zacks Rank #1 (Strong Buy), Dice Holdings has a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

YOUKU.COM- ADR (YOKU): Free Stock Analysis Report

PERFECT WORLD (PWRD): Free Stock Analysis Report

YY INC-ADR (YY): Free Stock Analysis Report

DICE HOLDINGS (DHX): Free Stock Analysis Report

To read this article on Zacks.com click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

YY DHX

Other Topics

Investing Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More